An 8-month suspension on stock short selling went into effect on Monday and will continue until next June. Financial Services Commission (FSC) announced the ban on Sunday, explaining that the move seeks to curb stock market volatility and ensure market stability and fair pricing. The decision follows the Financial Supervisory Service’s (FSS) initiative to investigate illegal short-selling activities among global investment banks dating back to May 2021. During a parliamentary audit last month, FSS Chief Lee Bok-yeon went so far as to suggestthat criminal penalties might be applied to both South Korean nationals and foreigners involved, in response