Policy · 2026-07-07
Debate over Leverage Curbs and a Pension Rebalancing Pause
Lawmakers have begun discussing measures to address the concentration risk and leverage-driven sell-off structure in large-cap semiconductor stocks. One lawmaker called for tighter regulation of leverage products, while another proposed temporarily pausing the National Pension Service's rebalancing.
Market voices called for institutions and pension funds to be positioned to absorb the initial wave of selling before it cascades further. Regulators and the industry were urged to jointly consider measures to ease this structural volatility — not because the market is in crisis, but because the current high-volatility phase needs active management.