The need for additional regulation of single-stock leverage exchange-traded funds (ETFs) is being raised in the securities industry. The proposal is that, since the existing measure of raising individual investors' basic deposit to 30 million won has limits in easing market volatility, a transaction tax of around 0.2% on sales should be considered for single-stock leverage and inverse ETFs alone.
According to the financial investment industry on the 10th, opinions have recently emerged in the securities industry that single-stock leverage ETFs act as a structural factor amplifying volatility in the spot market and that further institutional supplementation is needed.
Kim Doo-eon, a researcher at Hana Securities, said, "For the rebound to be sustained, the supply and demand distortion inside the market must also be normalized," adding, "if regulation so far has focused on restricting entry into investment, the next step is to normalize the cost of excessive short-term turnover."
(...)
https://n.news.naver.com/article/014/0005559235?sid=101
