Financial Services Commission Chairman Lee Eok-yeon stated today (July 28) that if demand related to single-stock leverage exchange-traded funds does not sufficiently calm down, he will preemptively review additional measures, such as setting individual investment limits.
Chairman Lee emphasized this during a meeting held today with major securities firms and asset management companies that act as liquidity providers (LPs) for single-stock leverage products.
Chairman Lee instructed the financial investment industry to distribute the current rebalancing timing, which is concentrated right before the market closes, and to maintain liquidity supply at an appropriate level to prevent overheating of transactions among liquidity providers.
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Lee Tae-gwon
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