analyst will be allowed to cover no more than 15 securities in average; published research must be updated at least 4 times a year; brokers must put in place control over quality of investment research and

investment relatively to quality of such instrument or financial institution. Under the revised rule, the fund will be allowed to invest not exceeding five percent of net asset value in deposit or instruments

an approval from the Office. Clause 6. The derivatives broker with the following qualifications are allowed to trade derivatives contract according to Clause 5: (1) having sufficient personnel

exchange only when obtains an approval from the Office. Clause 6. The derivatives broker with the following qualifications are allowed to trade derivatives contract according to Clause 5: (1) having

foreign financial institution or through derivatives exchange only when obtains an approval from the Office. Clause 6. The derivatives broker with the following qualifications are allowed to trade

entering the building 100%, employee or visitor who has temperature higher than 37.5 degrees Celsius will not be allowed to enter into such area strictly. - Both in the Company business or private

company is allowed to advertise, except for the advertising made pursuant to Chapter 2 which must be approved by the Office prior to distribution. (UNOFFICIAL TRANSLATION) 3 Clause 5. To advertise, in any

of the Securities and Exchange Commission. Chapter 1 General Rules ------------------ Clause 4. The securities company is allowed to advertise, except for the advertising made pursuant to Chapter 2

company is allowed to advertise, except for the advertising made pursuant to Chapter 2 which must be approved by the Office prior to distribution. Clause 5. To advertise, in any cases, the securities

money which is not allowed to be paid as dividend from the account and assets of the mutual fund, and shall not include such money in the net asset value of the mutual fund and submit such money as a