Lee Chan-Jin: "Single-Stock ETF Review Expedited to Meet Listing Schedule"
6 Articles
6 Articles
Lee Chan-jin, Governor of the Financial Supervisory Service (FSS), admitted that there was an aspect of rushing the review of single-stock leverage products to meet the listing schedule announced by the government. This is expected to spark controversy, as it can be interpreted as a neglect of the supervisory agency's core role of investor protection. On the 19th, FSS Governor Lee Chan-jin [addressed]
Lee Chan-jin, Governor of the Financial Supervisory Service (FSS), acknowledged that the review process for introducing single-stock leveraged exchange-traded funds (ETFs) was rushed. He explained that the review was expedited to meet the listing schedule announced as a policy by the Financial Services Commission. During the parliamentary audit of the FSS by the National Assembly's Political Affairs Committee on the 19th, Democratic Party lawmak…
(Seoul = Yonhap News) Reporters Bae Young-kyung and Kang Su-ryeon = On the 19th, Financial Supervisory Service Governor Lee Chan-jin [conducted] a review to meet the listing schedule for single-stock leveraged exchange-traded funds (ETFs)...
According to ChainCatcher, citing South Korean media reports, during a parliamentary audit on October 19th, when asked whether the launch of single-stock leveraged ETFs had affected the volatility of the South Korean stock market, Lee Chan-jin, head of the Financial Supervisory Service, stated that he believed it had had some impact. He expressed deep regret for criticism regarding the lack of proactive measures to prevent the product's listing.…
Following criticism that the listing review for single-stock leveraged exchange-traded funds (ETFs) was rushed, Financial Supervisory Service Governor Lee Chan-jin [regarding] the listing schedule.
[Digital Daily Reporter Kang Ki-hoon] Allegations were raised during the parliamentary audit that financial authorities rushed the review process to meet the launch schedule for single-stock leveraged exchange-traded funds (ETFs). As Financial Supervisory Service (FSS) Governor Lee Chan-jin also admitted that the review was expedited to meet the schedule set by the Financial Services Commission, controversy is mounting over whether the review of…
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