Samsung Electronics Leverage 16 Types, Listing Review Passed in '29 Days'
This year's average period is '62 days,' 2.1 times faster
It has been confirmed that the Financial Supervisory Service and the Korea Exchange have shortened the listing review period for single-stock leverage ETFs (Exchange Traded Funds), also known as Samsung Electronics Leverage, which are classified as high-risk products, by more than twice the usual time.
Although these were investment products that could have a tremendous impact on the financial market and had a large investment risk, they rushed the product launch by more than a month ahead of the usual time, even though sufficient deliberation should have been made.
According to data submitted by the Korea Exchange to Rep. Park Dae-chul's office of the People Power Party in the National Assembly's Administrative Committee on July 7, 16 types of single-stock leverage and inverse ETFs based on Samsung Electronics and SK Hynix as underlying assets took a total of 29 days from the application for preliminary listing review to the actual listing.
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https://n.news.naver.com/article/079/0004176370?sid=101
