South Korea's FSC holds emergency meeting chaired by Lee Eok-won, urges restraint on credit provision, signals possible short-selling ban

South Korea's Financial Services Commission (FSC) held an emergency meeting chaired by Chairman Lee Eok-won to discuss the stock market crash, with Lee urging restraint on indiscriminate credit provision and warning against excessive anxiety and herding, while the FSC said it is closely monitoring markets and ready to respond quickly with measures such as a short-selling ban if volatility increases.

Detected & updated continuously · Source: Nebula