Korea Financial Supervisory Service: Will Track Securities Firms' Margin Financing and Securities Lending and Margin Trading to Prevent Widening Retail Investor Losses

TechFlow news, July 17, according to EToday, Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), convened a financial situation inspection meeting yesterday, requesting financial institutions to strengthen market stability and forward-looking risk management. Regarding the stock market, the FSS announced it will monitor securities firms' margin financing, securities lending, and margin trading activities to prevent market volatility from causing expanded losses for individual investors. Lee Chan-jin stated that against the backdrop of intensifying volatility in the South Korean stock market, continued tension in the Middle East, and rising expectations of further interest rate hikes in the US, future financial market volatility may further expand, and relevant institutions need to make full preparations.