[스페이스X 韓 패싱] 현지 규제에도 무리한 ETF 마케팅 '엇박자'

SpaceX's IPO exposed critical compliance failures in Korean asset management when Mirae Asset Securities failed to secure any Korean allocation due to local fund managers' aggressive plans to exceed US discretionary account limits for ETF allocation. The incident reveals how strictly international securities regulations enforce underwriter discipline, and how costly non-compliance can be when institutions attempt to circumvent private placement resale restrictions through public retail distribution. This underscores that Korean financial institutions must prioritize regulatory adherence over domestic marketing ambitions in cross-border transactions.