South Korean regulators will allow individual investors to borrow local stocks for short selling for 90 days starting from November. 

The Financial Services Commission(FSC) announced Thursday that it will expand the current stock loan period of 60 days to 90 starting with stocks borrowed on November 1. 

The commission added that such investors will also be allowed to renew the payback deadline multiple times.

According to the FSC, some 75 percent of retail investors returned the borrowed shares within nine days on average, or much less time compared to institutions and foreign investors. 

The commission also said securities lending services currently available from 19 securities firms will be offered by all 28 securities companies that issue credit loans to customers within this year.