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

Securities and Exchange Commission (SEC) is proposing amendment to the takeover regulations. The existing regulations require that people who make a tender offer for all securities of the business

asset custody to institutional investors. Effectively, the proposed guidelines would level the playing field while maintaining an appropriate level of investor protection.In proposing these rules, the SEC

necessary information before making investment decisions.In addition, to streamline the disclosure requirements before the effective date of the registration statement, the SEC is proposing to repeal the

is to promote fairness and equality for all investors. Secondary public offering (SPO) of listed companies would also follow this general cornerstone approach. In addition, the SEC is proposing the

companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and

all shares in other companies. SEC is therefore proposing to amend rules on REIT investment to pave the way for REIT to undertake indirect investment in real estate by holding shares in other

their awareness on asset allocations. In addition, they should be able to give advice on suitable financial products for investors with a view to achieving sufficient savings upon retirement. Since all

channels enabling them to appropriate portfolio management and asset allocations for diversifying risk. Amid the stock market popularity, the platform will serve as the very first step for investors

the bills issued by a company at the full amount not yet redeemed*.  The SEC is therefore proposing to amend the regulations concerning offering for sale of bills. The key points of the proposed