Asia
South KoreaSouth Korean presidential aide accused of abuse of power over single-stock leveraged ETFs
Kim Yong-beom, policy chief of the South Korean presidential office, faces a criminal complaint for allegedly abusing his authority to push for single-stock leveraged ETFs, which are blamed for exacerbating market volatility and causing significant losses for retail investors.
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South Korean presidential aide accused of abuse of power over single-stock leveraged ETFs
First report 17h agoLast update 17h ago1 takes 1
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started 17h ago•Last update 17h ago
An opposition figure has filed a criminal complaint against Kim Yong-beom, accusing him of abusing his power to force the introduction of single-stock leveraged ETFs, leading to market instability and investor losses.
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