South Korea Tightens Leveraged ETF Rules Amid Market Volatility

South Korea’s financial regulator is tightening rules on special stock funds that can make money quickly but also lose money fast.

They want to stop people from putting too much of their savings into these risky funds.

The regulator will change the law and set limits on how much can be invested.

They also raised the minimum cash needed to buy these funds.

The stock market has been very jumpy because big chip companies lost a lot of value.

Meanwhile, police arrested three people who tricked investors into sending them digital money called Ripple.

The police stopped the scam and froze the stolen money.