Reported about 1 month ago
South Korean prosecutors have indicted BNP Paribas for allegedly violating short-selling regulations, marking a significant step in the country's crackdown on such practices. The indictment follows earlier penalties imposed on the bank and came in a context where short-selling has been outlawed in Korea since last year. The ongoing investigations have also targeted various other financial institutions as authorities seek to enforce stricter compliance with market laws.
Source: YAHOO