Korea Securities Finance Corp. announced on Dec. 2 that stock lending for the purpose of short selling by individual investors could be increased to 1.4 trillion won.
The announcement was made at a meeting the financial authorities held to promote short selling by individual investors with the government’s temporary ban on short selling scheduled to expire in March next year. The Financial Services Commission is planning to finalize the promotion plan based on what was discussed at the forum.
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Separately, the National Policy Committee of the National Assembly has announced that a fine can be imposed on illegal short selling.