South Korea's financial regulatory chief apologizes again over the listing of single-stock leveraged ETFs.

October 19 - According to South Korean media reports, during a parliamentary audit at the South Korean National Assembly, when asked whether the launch of single-stock leveraged ETFs affected volatility in the South Korean stock market, Lee Chan-jin, head of the Financial Supervisory Service, replied: "I believe it has had a certain impact." Regarding criticism that the relevant products were not actively prevented from listing, he said he was "deeply sorry."

On the 19th, during the parliamentary audit of the Financial Supervisory Service by the National Assembly's Political Affairs Committee, a lawmaker from the People Power Party said: "If you search for news after the listing of single-stock leveraged ETFs, you will find 'Black Monday,' 'Black Tuesday,' 'Black Wednesday,' 'Black Thursday,' and 'Black Friday' all there — the entire week turned black. Do you believe the listing of single-stock leveraged ETFs has had an impact on this situation?" Lee Chan-jin replied: "I believe it has had a certain impact."

Subsequently, when asked about other causes of stock market volatility, Lee Chan-jin added: "Samsung Electronics and SK Hynix have severe volatility."