
Gerald Marshall
8.1K posts


















South Korea to end its short selling ban in March - BUT if you get caught naked short selling you could go to prison for life South Korea is looking for a bigger stage among financial markets and its crackdown on market manipulation could make South Korea a very popular place for companies to go public "South Korea’s top financial regulator said it plans to lift the ban on short selling at the end of March and will ensure that necessary rule revisions are in place by then... "With the goal of resuming short selling on all stocks at the end of March next year, we are revising laws and will ensure the systems are in place,” Kim said, speaking to reporters in his first press conference since taking office in July... ...Short sellers have been outlawed in the nation’s $1.9 trillion stock market since November, as the government sought to root out naked shorting — the practice of selling shares without borrowing them first — which is illegal in the country... ....Authorities have sought to revise shorting rules that retail investors said were unfair to them and also to develop the electronic monitoring platform to detect illegal trades. Officials also planned to introduce harsher penalties, including a life term in prison for those profiting at least 5 billion won from such misdeeds..." finance.yahoo.com/news/south-kor… From June 2024 "South Korea Threatens Life in Prison for Illegal Short Selling" x.com/kshaughnessy2/… @SusanneTrimbath @ham59591shorts







