-Goldman Sachs fined by South Korean authorities
Global Banking News - 28 November 2018
[Editorial queries for this story should be sent to
Naked short selling, or selling stock that has not yet been borrowed, is illegal in South Korea.
On November 28, the firm's local unit,
Goldman Sachs International,
South Korean authorities have fined
(NYSE: GS) for short selling violations. was fined KRW7.5bn for violating short-selling rules. The firm is accused of short selling without ensur...