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South Korea caps exposure to leveraged chip ETFs

South Korean regulators capped individual exposure to leveraged chip exchange-traded funds and required a weeklong investor-education course, according to the Financial Times. The measures followed billions of dollars in net inflows to leveraged single-stock ETFs, which then fell during a market sell-off. The supplied summary does not identify the cap, an enforcement date, or the funds covered.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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