이복현 금감원장 (사진=연합뉴스)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Lee Bok-hyun, head of the Financial Supervisory Service, stressed on the 3rd that he will not consider implementing the public sale at a time when instability in the financial market continues.

Director Lee made the remarks to reporters after a "meeting on expanding win-win financing" at DGB Daegu Bank's headquarters on the same day about the full resumption of the public sale.

"The full resumption of short selling cannot even be considered without easing financial market instability," he said. "The cause of financial market instability is fundamental. I would like to say again that it is difficult to consider the full resumption of short selling unless the fundamental cause of financial market instability, such as a key rate cut, is eliminated."

"It is desirable to properly implement accessibility measures in advance and consider the resumption of the public sale in earnest after hearing various opinions," Director Lee said. "Even if the benchmark interest rate is lowered, I think it is necessary to implement a pilot system such as profit regulation, liquidation period, improved market accessibility, and opinions from market participants."

 

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