“Illegal short selling must be caught” to the public petition for permanent abolition of short selling

Input 2021-02-23 15:01 | Revision 2021-02-23 15:10

On the 23rd, the Blue House responded to the national petition to abolish short selling, saying, “I will take root in the perception that illegal short selling will surely be caught through thorough market monitoring in the future.”

The Blue House said in a written response to the national petition, “The government has continuously improved the problems of the short selling system pointed out by the market.” It is explained that the revision of the Capital Markets Act imposes fines and criminal penalties on illegal short selling, and obligates the storage of loan information for short selling purposes for five years to improve transparency in short selling transactions.

Resumption of the short selling part “Considering market shocks and concerns, the stocks of the KOSPI 200 and KOSDAQ 150 will be resumed from May 3, and the rest of the stocks will be reopened after considering the effect of the resumption and ban and market conditions Plan”.

The Blue House said, “It is difficult to continue prohibiting it in consideration of other countries’ circumstances.” I will do it.”

Earlier, on December 31 of last year, the petitioner posted a petition titled’Petition for a permanent ban on short selling’ on the Blue House National Petition Bulletin.

Lee petitioner said, “Is there any problem in the stock market that banned short selling?” Said. The petition was agreed to by 2,06464 over a month.



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