{
  "id": 12788684,
  "title": "FSC chief says launch of single-stock leveraged ETFs reflected various views",
  "url": "https://urgent.news/2026/10/08/fsc-chief-says-launch-of-single-stock-leveraged-etfs-reflected",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T04:15:50.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20261008003500320"
  },
  "original_language": "en",
  "account": "Seoul, October 8 (Yonhap) -- The head of South Korea's financial watchdog stated on Thursday that the decision to introduce single-stock leveraged exchange-traded funds (ETFs) was based on a range of perspectives, refuting claims it followed instructions from the presidential office. Financial Services Commission (FSC) Chairman Lee Eog-weon made these comments during a parliamentary review at the National Assembly in response to a question from a member of the opposition party regarding the rationale behind the launch.\n\n\"We have taken into account various opinions,\" Lee stated during the review. In May, 16 single-stock leveraged ETFs were listed on the primary stock exchange, resulting in significant market instability. Following this, South Korea raised the minimum cash deposit needed to invest in single-stock leveraged ETFs to 30 million won (approximately US$22,400) from 10 million won in late July to reduce volatility.\n\nThere had been demands (to introduce single-stock leveraged ETFs) as they are permitted abroad but not in Korea, Lee explained. However, the FSC chief disputed a recent market estimate suggesting that individual investors had incurred losses amounting to roughly 54 trillion won due to single-stock leveraged ETFs, arguing that the figure was inaccurate. Despite the necessity of implementing this policy, Lee expressed regret over the losses, concerns, and harm that the single-stock leveraged ETFs have caused.",
  "summary": "SEJONG, Oct. 8 (Yonhap) -- The chief of South Korea's financial regulator said T...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "FSC chief says launch of single-stock leveraged ETFs reflected various views",
        "url": "https://urgent.news/2026/10/08/fsc-chief-says-launch-of-single-stock-leveraged-etfs-reflected-12791952",
        "published": "2026-10-08T05:07:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}