Woofun AI reports that South Korean lawmaker Ahn Cheol-soo has demanded the delisting of leveraged ETFs tracking Samsung Electronics and SK Hynix. He characterized the KOSPI as "a casino" and labeled these products a "complete policy failure" that depletes corporate value and national wealth daily. These instruments, designed to deliver double the underlying stock returns, employ mechanical rebalancing that buys during price increases and sells during declines, thereby amplifying market volatility.