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Financial regulator to take measures to ease volatility in stock markets
Financial regulator to take measures to ease volatility in stock markets
EconomyJul 1, 2022
Financial authorities said Friday they will take a series of measures from next week to ease volatility in stock markets, as the nation's benchmark stock index sank to a 20-month low due to fears of an economic recession.    From next Monday, brokerage firms will be exempted from an obligation to hold at least 140 percent of the value of each stock purchase, to provide credit to their customers, the Financial Services Commission (FSC) said in a statement.    The exemption