South Korea Regulator: New Investors in Single Leveraged ETFs Required to Complete Simulated Trading Practice

South Korea's Financial Services Commission issued new rules on August 12, requiring new investors to complete at least 5 days and a cumulative 5 hours of free simulated trading on the Korea Exchange website before purchasing a single leveraged ETF, effective from August 19. Previously, it had raised the minimum cash deposit for individual stock leveraged ETFs to 30 million Korean won and extended training to 3 hours.