Korea preps single-stock leveraged ETFs as experts question investor safeguards
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Leveraged exchange-traded funds (ETF) that allow investors to bet on the direction of a single stock — namely one of Korea’s two memory chip giants, Samsung Electronics and SK hynix — are expected to begin trading next month, according to industry watchers Wednesday. Ahead of the launch, which could come as early as May 22, financial authorities will require investors to complete pre-trading education as part of efforts to strengthen investor protection. Still, experts question how effective suc
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