Search
  • TITAN

Korea Plans to Improve Rules on Market Makers & Tighten Monitoring of Illegal Short Sale Trades

December 22nd | 2020

Korea’s Financial Services Commission recently introduced measures to improve market maker rules and strengthen detection of illegal stock short-selling activities. The goal is to boost accountability in the market and to establish an effective monitoring system for illegal short sales. A few of the initiatives the FSC is pursuing with respect to short sales by market makers include:

  • A ban on market makers’ short selling of mini-KOSPI 200 futures and options

  • Discontinuing the uptick rule exemption for market makers in stock markets to address the issue of unfairness

  • Developing an automated monitoring and detection system for naked short selling activities and violation of the uptick rule

  • Setting up a new, special regulatory team devoted to short sale monitoring

18 views0 comments

CONTACT

TITAN REGULATION & ADVISORY

OFFICE LOCATIONS

CHICAGO

65 E. WACKER STE 610, CHICAGO,IL 60601

Click Here to Find Us

Email: caitlin.clancy@titanregulation.com
Tel:  + 312-724-9036

For any general inquiries, please fill in the following contact form:

Connect with Us:

LinkedIn

Twitter

Instagram

© 2021 by Titan Regulation & Advisory