South Korea's Leveraged ETFs Face Scrutiny Amid Market Volatility

Leveraged ETF fallout faces intensifying fire, former Moon aide calls for audit of financial policymakers

Single-stock leveraged exchange-traded funds tied to South Korea's chip giants that have been blamed for stock market volatility are drawing heavy fire from both sides of the aisle. Cho Kuk, former chair of the minor liberal Rebuilding Korea Party, said Wednesday that Cheong Wa Dae is to blame for the heightened market volatility, which posed "a serious crisis of trust." In a Facebook post, Cho, who was a close aide to former President Moon Jae-in, suspected that President Lee Jae Myung's office

By The Korea Herald