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BLOCKMEDIA(블록미디어)
@with_blockmedia
Everything about #Blockchain# #Cryptocurrency# #FutureFinance# #DeFi#! Blockmedia is Korea's first blockchain media leading the market.
Joined January 2018
546 Following    33.9K Followers
South Korea Unveils Emergency Measures on Single-Stock Leveraged ETFs South Korean financial authorities have announced strict regulatory updates targeting single-stock leveraged ETFs (such as @Samsung & @SKhynix products) to cool market overheating and protect retail investors: 1. No New Listings & Ads: Temporary suspension on new single-stock products (including inverse & covered calls) and an immediate ban on marketing for existing ones. 2. Tighter Tracking Error: LP tracking error limit reduced from 3% to 2% for all ETFs/ETNs, with faster "cautionary stock" designations. 3. Strict Capital Requirements: Minimum deposit requirement raised from 10M to 30M KRW—payable only in CASH (no substitute securities). This applies to both domestic and overseas single-stock leveraged products. 4. Trading & Education: Mandatory education increased to 3 hours (with quizzes), automated loss-warning push notifications, and minimum trading units for domestic products increased to 20 shares. These measures aim to curb high-risk speculation amidst rising tech stock volatility.
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