Financial Services Commission Chairman (FSC) Lee Eog-weon became the latest senior government official, Thursday, to face a criminal complaint over the rollout of single-stock leveraged exchange-traded funds (ETFs) tied to Samsung Electronics and SK hynix, as criticism continues to grow over the high-risk products’ impact on recent market volatility. Rep. Lee Jong-bae, a former Seoul Metropolitan Council member from the main opposition People Power Party, said he had filed the complaint with prosecutors, accusing the FSC chief of dereliction of duty and abuse of authority. Lee alleged that the regulator approved the high-risk products without conducting sufficient due diligence, including stress tests designed to assess how they would perform under extreme market conditions. “There is a possibility that Chairman Lee instructed FSC officials not to carry out stress tests. Had thorough testing been conducted, it might have revealed serious risks that would make it difficult to introduce the products before the local elections,” he said. Single-stock leveraged ETFs, which allow invest