B · Normal
[The Governor of the Bank of Korea apologized for insufficient warning on the risks of single-stock leveraged ETFs] On October 12, according to media reports, Bank of Korea Governor Shin Hyun-song said at the National Assembly’s Finance and Economics Committee State Supervision Meeting on the 12th: “We failed to issue sufficient warnings about single-stock leveraged ETFs, and we apologize to the people.” He said: “At the end of May, I did not fully understand the Korean domestic stocks. In addition, in the "Financial Stability Report" released by the Bank of Korea in June, it was judged that a single-stock leveraged ETF "is expected to prevent domestic investment funds from flowing overseas and help expand overseas capital inflows." Shin Hyun-song also admitted that this judgment was wrong and said: "Judging from the situation at the time, this judgment was not appropriate."
Global market intelligence 🕐 2026-10-12 11:44

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