Korean retail investors lose KRW 2.3 trillion in single stock leveraged ETF, regulatory policy shifts

According to data from South Korean financial regulatory agencies, from May 27th to August 14th, individual investors in South Korea lost approximately 2.3 trillion Korean won, or about 1.7 billion US dollars, in a single leveraged ETF. The regulatory authorities have restricted trading of leveraged single share products since July, including banning new product listings, increasing minimum cash margin requirements, and requiring investors to receive training.