[Editorial] Naked short selling
The nation’s financial regulator said it has found suspected cases of illegal naked stock short selling at five more global investment banks, bringing the total number of suspected institutions to nine. The Financial Supervisory Service has been inspecting 14 global investment banks with the largest short selling transactions here after it found last year that BNP Paribas and HSBC had placed naked stock short selling orders worth 55.6 billion won ($40.3 million) between 2021 and 2022. The
May 8, 2024