The Democratic Party criticized the main opposition People Power Party on August 6 for calling for a national investigation into the leverage ETF situation, stating, "In the past, when issues arose, evidence was presented to call for a national investigation, but these days it seems like it’s just because they disagree with something."
Kim Sung-hwa, the party's floor spokesperson, made these remarks after a policy coordination meeting at the National Assembly. He added, "I believe that using national investigations every time a state policy is established is not a solution."
He further stated, "This is an excessive attitude. We should point out any issues in the policy-making process before bringing up the idea of a national investigation."
Earlier, senior spokesperson Kang Jun-hyun expressed on August 1 that while the leverage ETF issue is serious, it does not warrant a national investigation as claimed by the People Power Party.
Meanwhile, Park Seong-hoon, the senior spokesperson for the People Power Party, announced on August 1 that they would pursue a national investigation into single-stock leverage ETFs, stating, "We will thoroughly investigate who ignored warnings about the risks and who pushed forward despite them."
* This article has been translated by AI.
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