Leverage ETF Curbs Expected Around July 15 Presidential Briefing
Reports circulating from Yeouido the previous day of possible leveraged-ETF restrictions — including higher minimum deposits, mandatory investor education, and daily price-move caps — were denied as unconfirmed by financial authorities, who said they would comprehensively review the causes of volatility to minimize investor harm.
With the Financial Services Commission's presidential policy briefing scheduled for Wednesday, July 15, markets widely expect leveraged-ETF measures to be unveiled then. Policy Chief Kim Yong-beom said Friday morning that leveraged ETFs would be supplemented if needed, with a decision to come from a market-monitoring meeting involving the finance ministry, FSC, Bank of Korea, and Financial Supervisory Service.