South Korea Summons Leveraged ETF Operators on July 10 Amid Market Volatility Concerns

According to The Fact, South Korea's financial authorities summoned leveraged ETF operators on July 10 to discuss regulatory measures following mounting criticism over market volatility and retail margin trading risks. The government faced pressure over its approval of high-risk single-stock leveraged exchange-traded funds (ETFs) on Samsung Electronics and SK Hynix, which concentrated investor funds and expanded market swings. Officials are set to address the unintended consequences of the policy meant to attract overseas investment.
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