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. T

SEOUL, July 29 : South Korea will introduce additional curbs on single-stock leveraged exchange-traded funds (ETFs), including a cap that could limit an individual's investment in such products to 20 per cent of their total investment assets, the finance ministry said on Wednesday. The measures follow sharp swings in t