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Short Selling Returns to a Battered Stock Market
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Short Selling Returns to a Battered Stock Market
Credit: Public domain.On March 31, the Financial Services Commission 금융위원회 lifted the ban on short selling introduced in November 2023 in a transparent attempt by the Yoon Suk-yeol 윤석열 administration to pander to day-traders ahead of the April 2024 General Election 총선거. At the time, the measure was criticized as a retrograde policy that took back South Korea’s capital markets back to the 1990s. (See previous coverage, “Finance Regulator Sacked O…
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