South Korean government implements early margin increase measures for single-stock leveraged ETFs in response to external criticism

(1) In response to ongoing criticism regarding the government's delayed implementation of single-stock leverage investment regulatory measures, the South Korean Financial Services Commission (FSC) announced on July 24 that the basic margin strengthening measures, originally scheduled for August, will instead take effect on the 31st of this month, three days earlier than planned. (2) This supplementary plan was announced on the 16th of this month, with core content including a significant increase in the basic margin requirement from the current 10 million KRW to 30 million KRW, with the margin only permitted in the form of cash. (3) The government stated that this move aims to quickly stabilize market demand, respond to external concerns, and ensure the timely implementation of regulatory measures.