Friday May 14 2010

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: Korean Republic




The Vice-Chairman of the FSC ( Korean Securities Regulator) has publicly stated that the FSC has decided to allow the South Korea naked short selling of bonds. In an interview with the Financial Times, FSC vice-chairman Kwon Hyouk-se said that the new rules were aimed at improving the depth and liquidity of the Korean market.

We are monitoring this situation and will update this section as further details become available.