intermediary who wishes to establish a domestic or oversea branch office shall have the following qualifications: (1) having net capital or shareholders’ equity as follows: (a) in case the intermediary is under
branch office shall have the following qualifications: (1) having net capital or shareholders’ equity as follows: (a) in case the intermediary is under the regulations concerning net capital 1 , such
provisions of the first paragraph shall not apply to the assets or persons as follows: (1) client’s assets which is a mutual fund, private fund or other similar funds managed by a securities company, acting as
and exchange. Clause 4 This Notification shall apply to application for license and issuance of derivatives business licenses as follows: (1) derivatives business license type Sor-1; (2) derivatives
advisory service under the law governing securities and exchange. Clause 4 This Notification shall apply to application for license and issuance of derivatives business licenses as follows: (1) derivatives
qualifications as prescribed under the general rules or the specific rules as follows: (1) General Rules (a) Having passed a course on securities and exchange laws, relevant rules and regulations and ethics and