South Korean Ministry of Economy and Finance: Additional Measures to Be Introduced Immediately for Single Stock Leveraged ETF

July 29th, the South Korean Ministry of Finance announced that it will establish a legal basis for market stabilization measures in emergency situations. It will also increase trading costs associated with single-stock leveraged ETFs and immediately introduce additional measures targeting single-stock leveraged ETFs.

Furthermore, South Korea is considering raising trading costs to curb ETF speculative activities.