South Korea's Presidential Office Considers Regulatory Measures on Single-Stock Leverage ETFs on July 10

According to Kim Yong-beom, director of policy at South Korea's presidential office, on July 10, the government is formally reviewing regulatory measures for single-stock leverage exchange-traded funds (ETFs). Kim stated that a market situation review meeting is closely examining the operation and market impact of these products. The review comes as single-stock leverage ETFs have been identified as a contributing factor to recent volatility in South Korea's stock market.
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