cautious risk management of securities companies. The key points of the proposed amendments are as follows:  (1) To revise the initial margin (“IM”) rate for initial public offering (IPO) stocks to reduce

wallet provider, and other relevant regulations on digital asset business operations. The key points of the amendments are as follows:   (1) Supervision on the ICO of Investment Token: Revoking the

key points as follows:    (1) Allowing business operators to temporarily include the amount of the subordinated debt beyond the shareholders’ equity without being considered as part of the total

Board.Therefore, the SEC is now open for public comments on the draft regulation on capital requirement and other relevant documents. Key points are summarized as follows:  (1) Adjustments to the paid-up

national strategy in the area of sustainability. In addition, the SEC has amended the ICO disclosure rules to increase access to ICO information through ICO portals.  The key points of the amendments are

filing with the nature of digital tokens to be offered. This initiative also aims to promote the use of technology in fundraising. The key points of the proposed principles are as follows:           (1

conducting this public hearing on the draft amendments which contain the key points as follows:   (1) Qualified Subordinated Debt that can be excluded from the total liabilities in the net capital calculation

with the principles and the draft regulations. The SEC has therefore issued a notification specifying the amended regulations with the key points as follows:       1. Requirements regarding the check and

the amendments with the key points as follows:      (1) Shelf filing ICOs criteria: Issuers are allowed to offer multiple lots of tokens, filed under the same shelf. Tokens eligible for shelf filling

information necessary for decision making.?The key points of change include the requirement for the fund title and the advertisement warning to clearly state that returns are not guaranteed and pre-maturity