{
  "id": 12791952,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T05:07:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261008/fsc-chief-says-launch-of-single-stock-leveraged-etfs-reflected-various-views"
  },
  "original_language": "en",
  "account": "Korea's financial watchdog chief defended the introduction of single-stock leveraged exchange-traded funds (ETFs), stating it reflected diverse perspectives and was not dictated by the presidential office. FSC Chairman Lee Eog-weon clarified this during a parliamentary audit at the National Assembly, responding to a query from an opposition lawmaker on the rationale behind the launch.\n\n\"We have taken into account various opinions,\" Lee asserted during the inquiry. In May, 16 single-stock leveraged ETFs were introduced onto the main stock exchange, resulting in significant market turbulence. Consequently, Korea raised the minimum cash deposit needed to invest in these ETFs to 30 million won from 10 million won in late July to mitigate volatility.\n\nLee acknowledged that there had been requests to permit single-stock leveraged ETFs, as they were permissible in other countries but not in Korea. However, the FSC chief refuted a recent estimate suggesting individual investors had suffered losses of approximately 54 trillion won due to single-stock leveraged ETFs. Lee contended that this figure was not accurate.",
  "summary": "The chief of Korea's financial regulator said Thursday the decision to launch single-stock leveraged exchange-traded funds (ETFs) reflected various views, denying allegations it followed instructions from the presidential office. Financial Services Commission (FSC) Chairman Lee Eog-weon made the remarks during a parliamentary audit at the National Assembly in response to an opposition lawmaker's…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "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",
        "published": "2026-10-08T04:15:50.000Z"
      },
      {
        "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-12795437",
        "published": "2026-10-08T05:32:04.000Z"
      }
    ]
  },
  "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."
}