Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), acknowledged the failure of the single-stock leveraged ETF policy at a press briefing on June 22. The ETFs, which tracked Samsung Electronics and SK Hynix, resulted in high trading turnover rates and excessive commissions for securities firms, without delivering substantial returns to investors. The highest turnover rate reached nearly 200%, generating up to 10 trillion Korean won in transaction fees for firms. Lee expressed concern over the expansion of leveraged investments and the concentration of trading in semiconductor stocks. He announced plans to introduce phased safety measures targeting margin financing. Additionally, Lee criticized Future Asset Securities' zero-allocation policy for the SpaceX public stock offering and revealed that the FSS has initiated an inspection of Korea Investment Trust Management Co., Ltd., and a compliance review of Samsung Asset Management Co., Ltd.