EMC Audit Committee agreed with IFA that the transaction is not appropriate.    Later, EMC sought legal opinion from independent legal advisor. The independent legal advisor?s opinion on legal risk is

. Until date, the Company has agreed with the customer to end this project, and it is in negotiation with the customer regarding amount to be settled, which is still highly uncertain at this stage. At 31

customer. (Translation) Page 2 of 3 Derivatives broker must send the confirmation statement and the evidence of margin call under the first paragraph to customers by the method agreed with the customers

customer. Derivatives broker must send the confirmation statement and the evidence of margin call under the first paragraph to customers by the method agreed with the customers within the next business day

office agreed to execute such transaction even though the contact phone number was not the one given by the client;      (3) surveillance system to prevent conflicts of interest: the system was found to be

contact the client via the phone number given by the client, and (c) the back office agreed to execute such transaction even though the contact phone number was not the one given by the client;      (3

within the period agreed by parties. (1) in case of short selling for proprietary account: (a) there shall be [i] an asset for exchanging with the ETF units or [ii] the ETF units for exchanging with

by the clearing house or within the period agreed by parties. (1) in case of short selling for proprietary account: (a) there shall be [i] an asset for exchanging with the ETF units or [ii] the ETF

underlying shares of ETF according to the short selling transactions within the period as specified by the clearing house or within the period agreed by parties. (1) in case of short selling for proprietary

broker shall send the confirmation statement and additional evidence of margin call prescribed under Paragraph 1 to customers through the method agreed upon by the customers within the next business day