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Lee Accepts Adviser Resignation as ETF Turmoil Spurs Crackdown

9/1/2026

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Story summary
  • President Lee Jae-myung accepted chief policy adviser Kim Yong-beom's resignation.
  • Lee's approval rating fell to a record low 42% in the latest Gallup Korea poll.
  • Kim promoted single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix, amplifying market volatility.
  • Regulators tightened investor protection measures after the ETFs triggered extreme stock swings.