South Korea Bans New Listings of Single-Stock Leveraged ETFs
South Korea has announced a temporary ban on new listings of single-stock leveraged exchange-traded funds (ETFs) to reduce market volatility. The Financial Services Commission will also increase the minimum deposit required for retail investors from 10 million won ($6,750) to 30 million won ($20,300), effective August 5.
Tickers: $SKHYV
Topics: ETF regulations financial market stability retail investor protection