to deviate from normal market conditions; (b) the client’s derivatives trading is inappropriate or may contravene the Law on Derivatives3; (c) the client fails to notify, provide information or prepare

to believe that there is a materially inappropriate demeanor [i] affecting clients, investors, the company, shareholders as a whole, money market or capital market on a whole as specified as prohibited

, upon its discretion, demote the action to be taken to reprimanding inappropriate conduct. Chapter 2 Consideration of the Third Category Prohibited Characteristics ___________________________ Part 1

to procure, for himself or the other person, any advantage to which he is not entitled by law. 15 (3) having a reasonable ground to believe that there is a materially inappropriate demeanor [i

historical A-15 transition or default rates inappropriate, statistically invalid, or otherwise likely to mislead investors or other users of credit ratings, the CRA should disclose why this is the case. B. The

which is the case of having inappropriate behaviors in regard to serving customers, investors or capital market as a whole in significant matters which may affect the creditability of asset appraisal in

approval is inappropriate, or it will be unable to comply with this Notification; (2) the offer for sale of the newly issued structured notes may cause damage or unfairness to investors, or the investors may

rules set out by the derivatives clearing house. If it appears to the SEC Office that any derivatives clearing house violates or fails to comply with its notifications or rules, or takes inappropriate

in comparing different CRAs. If the nature of the rated entity or obligation or other circumstances make such historical A-15 transition or default rates inappropriate, statistically invalid, or

agencies that are offering the debt securities lack the qualifications, or their compliance with the conditions after approval is inappropriate, or they will be unable to comply with this Notification; (2