South Korea’s Ministry of Economy and Finance, the Financial Services Commission, the Financial Supervisory Service, and the Bank of Korea jointly announced that they will implement a series of regulatory measures for single-stock leveraged ETFs/ETNs, including pausing new product listings, prohibiting advertising and marketing, and raising the minimum margin requirement for individual investors from 10,000,000 won to 30,000,000 won (about $21,500). In addition, regulators will strengthen investor education, increase requirements for deviation-rate management, and plan to raise the minimum trading unit for single-stock leveraged ETFs from 1 share to 20 shares starting in November. Korean regulators said this move aims to mitigate the impact of the rapid expansion of single-stock leveraged products, such as those related to Samsung Electronics and SK hynix, on market volatility. (Edaily)