Svmuu News: South Korean financial regulators have stated that they will soon announce measures regarding single-stock leveraged ETFs to address market concerns and maintain market stability.
Reportedly, the Financial Services Commission (FSC) 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 such ETFs, the FSC chairman stated that regulators are conducting a comprehensive assessment, as such a move could lead to unintended consequences. (Businesstimes)