Due to heavy liquidations in this round, South Korea is starting to put the brakes on leverage. The Korea Financial Investment Association has confirmed that the CEOs of the country's 10 major asset management giants have begun discussions on reforming leveraged ETFs. They believe it's necessary to raise the minimum deposit requirement for leveraged products from the current 10 million KRW (approximately $6,714), making it harder for retail investors to participate in leveraged ETFs.