Korea unveils fresh curbs on leveraged ETFs

The South Korean financial industry is moving to cushion the market impact of single-stock leveraged exchange-traded products through new rebalancing rules, while regulators prepare tighter curbs after a sharp sell-off deepened concerns that the instruments were amplifying swings in the country's largest chip stocks. The Korea Financial Investment Association said Thursday that asset managers would spread rebalancing trades, currently concentrated near the closing bell, across regular trading ho