South Korea’s Financial Services Commission: Intends to raise the investment threshold for single-stock leveraged products, ordinary investors may be prohibited from participating
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According to Seoul Economic Daily, Lee Il-woong, Chairman of the Financial Services Commission (FSC) of South Korea, stated that regulators are studying the possibility of raising the investment threshold for leveraged single-stock products. In the future, investment eligibility may be restricted to professional investors only. According to South Korea's Financial Consumer Protection Act, professional investors must meet requirements regarding assets, income, and investment experience, such as having an average month-end balance of at least 50 million won in financial investment products for at least one year during the past five years.
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