South Korea's financial regulator has brought forward stricter trading requirements for retail investors dealing in single-stock leveraged exchange-traded funds (ETFs), as authorities seek to rein in speculative activity and reduce market volatility, Reuters reported.
The Financial Services Commission (FSC) said on Friday that retail investors will now be required to maintain a cash deposit of 30 million won ($20,437) to trade single-stock leveraged ETFs from July 31, earlier than its previous plan to introduce the measure sometime in August, Reuters reported.