South Korea’s Financial Supervisory Service (FSS) has requested that domestic providers cease new issuance of long/short index linked equity-linked bonds (ELBs). “The issue was raised during a meeting we held with senior executives from securities firms,” said a top official at the FSS. “[The decision] did not just come from us, it came from the discussion and feedback we received from some securities firms as well as asset managers.” The regulator will investigate the legal basis of long/short