Woofun AI reports that South Korea’s Financial Services Commission defended single-stock leveraged ETFs, stating they effectively retain domestic capital by preventing outflows to overseas markets like Hong Kong and the US. Director Byeon Je-ho refuted claims that these ETFs drive market volatility, attributing fluctuations to global semiconductor cycle expectations. Data shows US and Japanese peers like Kioxia and Micron exhibited higher annualized daily return volatility than SK Hynix and Samsung Electronics during the May-July period. The FSC rejected calls for forced delisting, noting current high demand does not meet statutory termination criteria such as liquidity shortages, interpreting such demands as a push for stricter compliance.