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South Korea considers taking separate measures against Samsung and SK Hynix leveraged ETFs

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BlockBeats News — June 22 — Lee Chan-jin, head of the Financial Supervisory Service of South Korea, said that since there are no signs retail investors’ demand for high-risk products is cooling off, the financial regulators are considering taking separate stabilization measures for individual stock leveraged ETFs. Lee said at a press conference on Monday that the adverse side effects of individual stock leveraged ETFs are worsening day by day. Lee said the Financial Supervisory Service is investigating a failure in Far Future Assets’ SpaceX IPO stock allocation, with the aim of preventing similar issues from happening again and protecting investors’ rights.
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