Korean authorities plan to introduce regulatory measures for single-stock leveraged ETFs

Odaily Planet Daily News: South Korea's financial regulator stated that it will soon announce measures regarding single-stock leveraged ETFs to address market controversies and maintain market stability.

It is reported that the Financial Services Commission (FSC) of South Korea is consulting with the Ministry of Economy and Finance, the Bank of Korea, and the Financial Supervisory Service on specific measures. Regarding whether to suspend trading of related ETFs, the Chairman of the Financial Services Commission (FSC) stated that the regulator is conducting a comprehensive assessment, as such a move may bring additional side effects. (Businesstimes)