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South Korea FSS Chief Says Leveraged ETF Review Was Rushed

South Korea FSS Chief Says Leveraged ETF Review Was Rushed

Photo: Crypto Economy

TL;DR FSS chief Lee Chan-jin said South Korea accelerated review of single-stock leveraged ETFs to meet launch schedule before 16 products debuted May 27. Lawmakers said the FSS began its review before the Korea Exchange completed its preliminary process, a sequencing Lee indicated appeared unprecedented. Regulators later halted new listings and raised trading requirements as ... Read more

Source: Crypto Economy

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