The Dark Side of Market Freedom The recent meltdown in the South Korean stock market has left investors reeling and the nation's leaders scrambling to contain the damage.
However, as the dust settles, a more profound question emerges: what does this say about the pursuit of market freedom? On the surface, the story is one of regulatory failure.
In January, regulators discussed introducing more sophisticated products, including single stock leveraged exchange traded funds (ETFs) that use derivatives to multiply a stock's daily return.