Bloomberg News

S. Korea Regulator Monitoring Markets for Short-Sale Decision

October 24, 2011

Oct. 25 (Bloomberg) -- South Korea’s Financial Services Commission hasn’t decided whether to extend a ban on the short- selling of equities, Ernst Lee, a spokesman for the regulator said by phone today. The Chosun Ilbo newspaper earlier reported the ban, scheduled to be lifted Nov. 10, may be extended. The FSC will continue to monitor the market until early November, Lee added.

To contact the reporter on this story: Seonjin Cha in Seoul at scha2@bloomberg.net

To contact the editor responsible for this story: Shinhye Kang at skang24@bloomberg.net


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