South Korean President Lee Jae-myung acknowledged on Friday that single-stock leveraged exchange-traded funds launched earlier this year contained structural shortcomings. Speaking at a press conference, Lee stated that the products were introduced near the peak of a market rally, and the subsequent reversal resulted in significant investor losses. Despite recognizing these issues and the resulting backlash from investors, Lee did not issue an apology or identify officials responsible for the policy decisions. The admission addresses growing dissatisfaction among market participants but stops short of accepting accountability for the financial impact caused by the product timing and design.