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South Korea is poised to introduce individual stock double-leveraged exchange-traded funds (ETFs) as soon as May of this year, with Samsung Electronics and SK Hynix being the inaugural focus. The Financial Services Commission of South Korea is slated to unveil comprehensive rules this month. These regulations will encompass requirements pertaining to the market capitalization and trading volume of the underlying assets, in addition to stipulations regarding derivative hedging. Major financial institutions, including Samsung Asset Management and Mirae Asset Global Investments, are already in the process of formulating related products. In a bid to avert excessive speculation and cutthroat competition, the Financial Services Commission may impose a restriction, allowing each fund manager to issue only one individual stock leveraged ETF.
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