Aussie hedge fund Regal sees weakest day in 2 months on S.Korea indictment
** Shares of Australia's Regal Partners RPL.AX fall as much as 4.4% to A$3.72
** Stock set for weakest trading session since late August
** The fund manager says South Korea's financial watchdog has indicted Regal Funds Management and one of its ex-employees over breaches of the country's short-selling laws
** Bloomberg News had in May reported that Korean regulator was looking into the hedge fund over potential short-selling rules breaches
** Regal Funds Management is an unit of ASX-listed Regal Partners
** Regal says will assess the materiality of any potential one-off financial impact to the group
** Stock has risen 46.2% this year, as of last close
Reporting by Rishav Chatterjee in Bengaluru
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