South Korea's financial regulator said Sunday that it will temporarily ban stock short selling until the second half of next year, amid efforts to crack down on illegal short selling by global investment banks (IBs). The move will be effective as of Monday and until the start of July 2024, according to the Financial Services Commission (FSC). "(The FSC) has decided to fully suspend stock short selling until (the end of) the first half of next year since there exist concerns that the expansion of market volatility and illegal short selling practices may undermine market stability and fair price formation," FSC chief ... (full story)