Opposition accuses government of running trading chat rooms with leveraged ETFs

The main opposition People Power Party on Monday continued its attack on leveraged single-stock exchange-traded funds, with its floor leader accusing the government of fanning speculative investing.

Speaking at the party's Supreme Council meeting on Monday, People Power Party floor leader Rep.

Jeong Jeom-sig referred to the ETFs as "government-led 'leading rooms' targeting the public." The term "leading rooms" refers to stock tip chat rooms that provide advice on stock investments, often in exc ...