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Financial Regulator Vows Vigorous Crackdown on Naked Short Selling

Financial Regulator Vows Vigorous Crackdown on Naked Short Selling

SEOUL, Jan. 3 (Korea Bizwire) – The vice chief of South Korea’s financial regulator said Wednesday authorities will set up a computerized system to crack down on naked short selling, in a bid to promote a level playing field for stock investments. Kim So-young, vice chairman of the Financial Services Commission (FSC), said the country [...]