How Leveraged ETFs Turned South Korea’s Stock Market Into a Casino and Why the U. S.
Might Be Next The recent stock market selloff in South Korea has left investors reeling, with the country's benchmark KOSPI index plummeting by 44% from its June peak before staging a record breaking rebound on Friday.
Beneath this volatility lies a more ominous trend: the proliferation of leveraged exchange traded funds (ETFs) that has led to estimated losses of $38 billion for retail investors.