South Korea's Democratic Party has called for increased regulation of single-stock leveraged ETFs, urging the Financial Services Commission (FSC) to enhance market monitoring and prepare additional measures if needed. This call to action was made during a party-government consultation meeting held at the National Assembly in Seoul, where FSC Chairman Lee Eok-won briefed lawmakers on current regulatory measures.
Park Sang-hyuk, a Democratic Party lawmaker, emphasized the need for the FSC to strengthen its oversight and conduct thorough situation assessments. The party's stance reflects growing concerns over the risks associated with leveraged ETFs, prompting discussions on potential regulatory enhancements to safeguard market stability.
South Korea's Ruling Party Urges Tighter Regulation on Leveraged ETFs
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
