South Korea's Finance Ministry: Will Take Additional Measures to Stabilize the Stock Market

MT Newswires Live

07/29

South Korea's finance ministry said it will take additional measures to stabilize the stock market and will impose restrictions on trading of leveraged ETFs.

South Korea’s finance ministry stated it will impose caps on retail investors’ exposure to leveraged ETFs and roll out supplementary measures immediately for single-stock leveraged ETF products.

South Korea's finance minister says the government will maintain a 24-hour stock market monitoring system.

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