Civic groups file suit against regulators for negligence in illegal short selling crackdown
Feb 14, 2019
Korea’s civic groups on Feb. 14 filed a criminal suit against the top financial regulators, charging them with negligence in cracking down on illegal short selling in the local stock market. Representatives of the Citizens’ Coalition for Economic Justice, along with over 17,000 individuals, have sued Financial Services Commission Chairman Choi Jong-ku, Vice Chairman Kim Yong-beom and Securities ...