FILE PHOTO: Currency dealers work in front of an electronic board showing the Korean Composite Stock Price Index (KOSPI) at a dealing room of a bank, in Seoul, South Korea, March 16, 2023. REUTERS/Kim Soo-hyeon/File Photo SEOUL : South Korean authorities said on Wednesday they have fined three global hedge funds a total of 2 billion won ($1.54 million) over alleged unfair stock transactions. The hedge funds are accused of violating the country's capital markets law and conducting alleged naked short selling, the Financial Services Commission said in a statement.