fund and may weaken the overall confidence in the mutual fund industry. The SEC therefore is proposing to amend the rules on term funds by, for example, (1) increasing investment diversification and
the criteria in order to keep it current. Consideration is given to the fact that the rates of fee should be equivalent, simple, and appropriate for the capital market environment , for example
derivatives business operators is determined by the types of license packages, each permitting a scope of various business undertakings. For example, Type A Securities Business License requires the minimum paid
Service Project in Remote Area and The New Parliament Project in Information and Communication Technology. In addition, there are some large-scale projects which had just received and delivered in Q2–2019
the capital market, as follows: (1) Open Data: To support collection and disclosure of capital market information in the form of open data, for example, information on investment, business operators
securities business supervision: For example, repeal of the minimum requirement of paid-up registered capital of securities company, allowing the SEC Board to use discretionary power to prescribe required
-Speed Internet Service Project in Remote Area and the Core and Access Switch for Core Network Replacement and SDN project. Therefore, the total revenue increased while the total operation expenses and the
improving the overall licensing scheme and provided observations and suggestions on important issues. The SEC has incorporated such feedbacks to revise the principles for more appropriateness. For example
requirements other than those governing plain vanilla bonds. For example, all types of offerings must submit an application for approval, obtain a credit rating, disclose additional information other than plain
level of strictness of the regulations governing the issuance and offer for sale of debt securities varies depending on the types of investors. For example, the regulations on a private placement to