Chief regulator expresses regret over leveraged ETF-led volatility

The chief financial regulator on Wednesday expressed regret over recent extreme market volatility, saying the authorities take responsibility for the turmoil amid criticism that single-stock leveraged ETFs had amplified the market swings.

"I regret failing to fully meet the public's expectations," Lee Eog-weon, chairman of the Financial Services Commission, said during a session at the National Assembly.

"I take the sharp rise in market volatility very seriously." It marked the first time the FS ...