South Korean Regulators Are Lamenting Leveraged ETFs

Gary Gensler, former chairman of the US Securities and Exchange Commission (SEC), during the StubHub Holdings Inc. initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 17, 2025. StubHub Holdings Inc. shares are indicated to open at $24.50/$25.50 each, as much as 8.5% above the initial offering price of $23.50. Photographer: Michael Nagle/Bloomberg