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Move by Korea’s FSC to lift short-selling ban gets mixed reaction

Some market participants say the regulator should have waited for greater calm amid eurozone fears, but brokerages planning hedge fund launches are happy.
Move by Korea’s FSC to lift short-selling ban gets mixed reaction
Opinion is divided over the decision by Korea’s Financial Services Commission (FSC) to lift its three-month ban on short-selling on all but financial stocks this week. The FSC prohibited short-selling on all stock classes back on August 10 during the nerve-jangled days shortly after rating agency Standard & Poor’s lowered its US long-term credit rating to AA+. For initial reaction to that landmark downgrade, click here. In the days leading up to the end of the ban, speculati…
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