Too-Yeon Han criticizes “In a word, measures for elections” for decision to resume short selling by the Financial Services Commission

[이미지출처=연합뉴스]

[아시아경제 박지환 기자] The Korea Equity Investors Association (Han Tu-yeon) criticized the financial authorities’ decision to partially resume short selling, centered on large stocks, as’a measure for election’ from May 3rd.

On the 3rd, CEO Jeong Eui-jung Han Too-yeon said, “In a word, I think it is an election measure.”

“If the index falls due to short selling of large stocks, it is linked to index-linked products, so other stocks will not be able to escape from the typhoon zone,” he said. .

CEO Jeong said, “It is only a matter of time before the KOSPI goes down to the 2000s again.”It is clear that the short-selling force does not come up with a fundamental measure against the damage to the people, which earns 39 times the profits of individual investors, but ends with a non-fixed measure. “I am outraged by the uneasy response of the Financial Services Commission, which closes my eyes and neglects the people’s anger,” he exclaimed.

The Financial Services Commission held an extraordinary meeting on this day and decided to extend the temporary ban on short selling from last year until May 2. The ban on short selling, which was temporarily applied until March 15th, will be extended until May 2. Afterwards, short selling will resume on May 3rd, only for constituents of the KOSPI 200 and KOSDAQ 150 indexes. In addition to the KOSPI 200 and KOSDAQ 150 constituents, the ban has been extended without a separate deadline.

Reporter Park Ji-hwan [email protected]