South Korea to impose limits on single-stock leveraged ETFs

Investing.com -- South Korea's finance ministry announced Wednesday it will implement immediate measures targeting single-stock leveraged exchange-traded funds. The ministry plans to impose a cap on investment in these products and increase trading costs associated with them.

The finance ministry said it will maintain a 24-hour stock market monitoring system. The government also intends to prepare legal grounds for market stabilizing measures that can be deployed in emergency situations.

The measures represent a regulatory response focused specifically on single-stock leveraged ETFs, which allow investors to make amplified bets on individual company shares.

You May Also Be Interested In

• Aggreko files for proposed IPO
• McEwen Mining COO William Shaver to retire after 4 years
• Co-Diagnostics (CODX) files for 3.4M share offering by selling stockholders