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South Korea Considers Taking Individual Measures on Samsung and SK Hynix ETFs

BlockBeats News, June 22 - Lee Chan-jin, Governor of the Financial Supervisory Service of South Korea, stated that due to the ongoing strong demand from retail investors for high-risk products, the financial regulatory authority is considering implementing specific stabilization measures for individual stock leveraged ETFs. Lee, during a press conference on Monday, mentioned that the side effects of individual stock leveraged ETFs are becoming increasingly severe. The Financial Supervisory Service is investigating the recent incident of the failed stock allocation of SpaceX IPO shares to prevent similar issues from happening again and to safeguard the interests of investors.

Source: BlockBeats

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