South Korean Finance Minister expresses regret over single-stock leveraged ETFs following market slump
South Korean Finance Minister Koo Yun-cheol issued an apology on Wednesday regarding the introduction of single-stock leveraged ETFs, admitting the decision lacked sufficient foresight during the current market downturn. Lee Eog-weon, head of the Financial Services Commission, also apologized for not living up to public expectations. These statements follow significant financial losses faced by individual investors due to a steep decline in semiconductor stock values.
by shortkt.com✓