South Korean Ministry of Economy and Finance: Additional Measures to Be Introduced Immediately for Single Stock Leveraged ETF

BlockBeats News, July 29th – After holding an emergency meeting, the South Korean Ministry of Economy and Finance stated that South Korea is committed to taking further measures to stabilize the stock market, including restricting leveraged ETF trading. South Korea will maintain a 24-hour stock market monitoring system and establish a legal basis for implementing market stabilization measures in emergency situations.

At the same time, South Korea will enhance its supervision of leveraged ETF trading, limit retail investors' exposure to leveraged ETFs, immediately introduce additional regulatory measures for single-stock leveraged ETFs, and increase related trading costs to curb ETF speculation.