South Korea will expand its exchange-traded funds lineup to include single-stock leveraged products as regulators seek to draw back investor funds that have flowed overseas, Financial Services Commission Chairman Lee Eok-won said Wednesday.
Lee outlined the plan at a press briefing in Seoul as part of a broader reform push aimed at boosting the competitiveness of domestic capital markets while tightening oversight of cryptocurrency and financial corporate governance.
“Investor demand is going unmet because
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