derivatives broker in the first paragraph, derivatives broker shall trade in derivatives only with institutional investor counter party. Clause 4. The provision of Clause 12 only with respect to an arrangement
derivatives only with institutional investor counter party. Clause 4. 3 4 The provision of Clause 12 only with respect to an arrangement to have personnel responsible for soliciting, or giving advice related to
derivatives only with institutional investor counter party. Clause 4.3 4 The provision of Clause 12 only with respect to an arrangement to have personnel responsible for soliciting, or giving advice related to
derivatives exchange [OTC derivatives], the derivatives broker shall provide such services to Institutional investors only, in which case the provision of Clause 17 and Clause 19 shall not apply. In providing
exchange [OTC derivatives], the derivatives broker shall provide such services to Institutional investors only, in which case the provision of Clause 17 and Clause 19 shall not apply. In providing the
any provision of the Law on Securities and Exchange or this Notification; (2) the offering of securities may be in contrast with the public policy or the national policy; (3) the offering of securities
rules, or has failed to meet the conditons after aprroval, or has failed to diclose a complete, correct and sufficient material information for investor decision making, the SEC Office may suspend or
certifies that the information contained in this Information Memorandum is true, complete and accurate in all respects; no material information that should be clarified is missed and it will not mislead other
application for approval for derivatives trading according to Clause 7 within thirty days as from the date on which the Office receives the complete application and supplementary documents. Clause 9. In case