On July 29, the head of South Korea's main financial regulator publicly apologized for the market dispute caused by a single-stock leveraged exchange-traded fund. Previously, some investors and market participants believed that such products increased market fluctuations and led to a sharp decline in investors' wealth. Lee Yi-won, chairman of Korea's Financial Services Committee, said he was sorry for the regulator's failure to meet public trust requirements in various areas. Lee Chan-jin, head of the Korea Financial Supervisory Service, said that the regulators are doing their best to restore market trust.

On July 29, the head of South Korea's main financial regulator publicly apologized for the market dispute caused by a single-stock leveraged exchange-traded fund. Previously, some investors and market participants believed that such products increased market fluctuations and led to a sharp decline in investors' wealth. Lee Yi-won, chairman of Korea's Financial Services Committee, said he was sorry for the regulator's failure to meet public trust requirements in various areas. Lee Chan-jin, head of the Korea Financial Supervisory Service, said that the regulators are doing their best to restore market trust.