US private credit woes spark misselling concerns: FSS chief

South Korea’s top financial regulator on Thursday warned that misselling concerns tied to US private credit products are only beginning to surface, as uncertainty lingers over potential losses. Financial Supervisory Service Gov. Lee Chan-jin said retail investors have started raising questions about possible misselling, as risks build in the US private credit market amid rising default expectations and ongoing fund outflows. “Retail investors have begun to raise inquiries about possible misselli

By The Korea Herald