South Korea's ruling party called for strengthened supervision of single-share leveraged ETFs and introduced further measures if necessary

Comparative news, according to Kim Su-joo, according to South Korea's “Seoul Economic Daily”, on the 20th, South Korea's Common Democratic Party urged the Financial Services Commission (FSC) to focus on monitoring single-share leveraged ETFs and develop additional measures if necessary. On the same day, members of the Common Democratic Party belonging to the Political Affairs Committee of the National Assembly of the Republic of Korea held a party and government symposium at the Yeouido National Assembly and Finance Committee in Seoul to listen to reports on the work of Finance Committee Chairman Lee Eok-won (Lee Eok-won) and other officials.

Park Sang-hyuk (Park Sang-hyuk), a member of the ruling party of the National Assembly's Political Affairs Committee and member of the Common Democratic Party, told reporters after the meeting that the Finance Committee reported on the relevant measures announced last Thursday. Lawmakers generally demand that the regulatory authorities further strengthen market monitoring and situation assessment, and study and introduce more supplementary measures if necessary.