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Ha Jun-kyung, chief of staff for policy at the presidential office, apologized on Oct. 29 during a National Assembly audit for investor losses tied to single-stock leveraged ETFs. Asked by Rep. Kim Han-kyu of the Democratic Party, Ha said, "I feel very sorry for causing concern to the people," acknowledging that the timing of the introduction coincided with a stock market reassessment that exposed investors to high volatility and losses. The Hankyoreh and Dong-A Ilbo both reported the apology, with Dong-A Ilbo noting Ha's remarks that "there are people who suffered losses" from the products. Separately, Business Korea and the Korea Times reported that U.S. asset managers are liquidating or scrapping Korea-linked leveraged ETFs, including two SK hynix leveraged ETFs, due to a sharp decline in assets under management amid a local market downturn.