South Korea will take further steps to curb stock market volatility as retail trading activity in single-stock leveraged exchange-traded funds (ETFs) shows signs of slowing following a series of regulatory measures, according to Reuters.
Finance Minister Koo Yun-cheol said on Tuesday that authorities would move swiftly to implement restrictions announced last week to rein in speculative trading in single-stock leveraged ETFs. Speaking at a televised cabinet meeting, Koo said the government remained committed to maintaining stability in financial markets.
