According to CoinMeta, and as reported by Yonhap News, on November 6th, South Korean Vice Prime Minister and Minister of Finance and Economy Lee Jong-il chaired an "emergency market situation inspection meeting," at which the four top officials in charge of the economy and finance attended. The meeting proposed to exempt securities companies from the mandatory requirement of maintaining a 140% collateral ratio for credit financing for a period of three months. It was also noted that if stock market volatility increases, additional measures to stabilize the market will be taken.