following actions; (1) Warning; (2) Probation; (3) Suspension from duty performance as a mutual fund manager for a period of time the Office deems appropriate; (4) Revocation of approval. Clause 12. If any
manager violates or fails to comply with the laws, notifications or professional ethics relating to mutual fund management, the Office shall have the power to take the following actions; (1) Warning; (2
collected from investors; (3) Merger or acquisition of mutual funds; (4) Acceptance of repayment by way of securities or other assets of the fund; (5) Actions to be taken in case where the liquidity of any
securities or other assets of the fund; (5) Actions to be taken in case where the liquidity of any open-end fund is not as specified by the Office; and (6) Any other provisions relating to the management of
in securities business or violates or fails to comply with Clause 10, the Office shall take actions against such person following the rules and procedures prescribed by the Notification of the
characteristics of personnel in securities business or violates or fails to comply with Clause 10, the Office shall take actions against such person following the rules and procedures prescribed by the Notification
in securities business or violates or fails to comply with conduct set forth herein, the Office shall take actions against such investor contact following the rules and procedures prescribed by the