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securities company shall prepare financial statements of the private fund pursuant to its actual conditions, and shall comply with the rules, conditions and procedures specified by the notification of the SEC
legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer
shareholders? decision making. The proposed amendments to the rules, conditions and procedures for obtaining a waiver of tender offer for all securities of a business are consistent with the takeover rules in