more exhibitors were found to be engaging in securities, derivatives and digital asset businesses without proper license. The SEC therefore notified the event organizer to close the booths and suspend
deliver securities according to the agreement. These proposed amendments aim to ensure proper protection for ordinary persons in the institutional investor group. The consultation paper is available at
disclosure and risk warnings on such issues to ensure consistency and proper conduct by DA operators. The essences are as follows: (1) DA operators must disclose the risks on their financial condition
monitoring the business operations and for a proper investment making-decision in a reasonable period of time. In addition, SEC has issued a guideline on information disclosure for listed companies
of income earned from rental fees in the fiat currency**.SEC has revised the following regulations to issue the real estate-backed ICO with a proper mechanism to protect investors’ rights.1. Appoint
with customers’ asset safekeeping. This is to allow the general public to reap standardized services, while business operators are under proper supervision, in the same level with supervision on
Customer (KYC), fit and proper personnel, standard sales process, management of customers’ digital assets and related data, and capital adequacy. There are also new provisions about the accountability of the
offering and to strengthen proper investor protection mechanisms. Pursuant to the amended regulations, investors’ rights will be protected fairly according to the characteristics, forms and risks of the
, executives and controlling persons, structure of company boards of directors and proper checks and balances system, and (3) adequate system for continuing and reliable disclosure of information. The SEC has