South Korea's Ruling Party Urges Stricter Oversight of Single-Stock Leveraged ETFs

According to reports on July 21, South Korea's ruling Democratic Party urged the Financial Services Commission (FSC) on July 20 to strengthen monitoring of single-stock leveraged ETFs and consider implementing additional measures if necessary. Party officials met with FSC leadership, including Chairman Lee Eok-won, to discuss the matter. Democratic Party member Park Sang-hyuk stated that regulators should enhance market surveillance and develop further safeguards as needed.
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