South Korea’s Ministry of Finance, the Financial Services Commission, the Financial Supervisory Service, and the Bank of Korea jointly announced a series of regulatory measures for single-stock leveraged ETFs/ETNs, including suspending new product listings, banning advertising and marketing, and raising the minimum margin requirement for individual investors from 10 million won to 30 million won (about $21.5k). In addition, regulators will strengthen investor education, increase management requirements for deviation rate, and plan to raise the minimum trading unit for single-stock leveraged ETFs from 1 share to 20 shares starting in November. South Korean regulators said this move is intended to mitigate the impact on market volatility caused by the rapid expansion of single-stock leveraged products from Samsung Electronics, SK Hynix, and others. (Edaily)