The South Korea National Team F4 is taking action! Core departments like the Ministry of Economy and Finance, Financial Services Commission, Bank of Korea, and Financial Supervisory Service have fully stepped in to stabilize the market. Financial authorities previously requested: 1) Securities companies to submit their own investor protection measures. 2) Major asset management companies (AMCs) to submit corrective plans to reduce volatility in the single-stock leveraged ETF market. The focus is on the core of this volatility—single-stock leveraged ETFs—tightening leverage-related issues and strengthening risk management. Today, July 14, at 3 PM, Hwang Seong-yeop, President of the Korea Financial Investment Association, urgently convened a meeting with CEOs of 10 comprehensive financial investment companies (securities firms) to discuss management and response plans for single-stock leveraged ETFs, share concerns about market volatility, and hear solutions from the firms. This marks the first time authorities/relevant institutions have summoned securities company leaders. Also at 3 PM, Vice Chairman Kwon Dae-young of the Financial Services Commission chaired a meeting with practitioners from the Korea Exchange and the financial investment industry. On July 16, the F4 meeting (involving the heads of the Ministry of Economy and Finance, Bank of Korea, Financial Services Commission, and Financial Supervisory Service) will be held to discuss the impact of single-stock leveraged ETFs on the market and propose system improvement measures.