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Korean regulator seeks further crackdown on ELW market

Financial Services Commission considers restrictions on liquidity providers to cool down Korean warrant market

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South Korea's Financial Services Commission (FSC) is planning to announce new regulations in the equity-linked warrant (ELW) market, including possibly raising the amount of capital required to be held by liquidity providers (LPs) against ELW issuance, and forcing LPs to stop providing liquidity once a stipulated number of warrants has been issued.

According to one dealer, LP representatives met

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