Regulation is expected to take effect in the third or fourth quarter this year.   SEC is therefore proposing the amendment to the related rules to accommodate securities business undertaking in accordance

majority investors were retail investors, accounting for approximately 81 percent, and HNW accounting for approximately 6 percent.  SEC is therefore proposing principles for amending the rules on

SEC is proposing to amend the regulations on unitholding limitations of mutual funds. Proposed amendments include, for example, changing the methods of unitholding calculation and allowing mutual

proposing to revise regulations related to liquidity risk management and liquidity management tools of mutual funds to enhance the liquidity risk management standards of asset management companies, ensure

is proposing additional regulations related to custody of clients’ assets by requiring that digital asset business operators undertake the following actions:  1)  Custody of fiat money: withdrawal and

the relevant regulation*. The SEC is also proposing to stipulate a minimum Authentication Assurance Level (AAL) for clients’ online transactions via the company’s system based on associated risks

opportunity for investors to select products and services suitable for their personal needs.   The SEC is therefore proposing the use of single form to reduce the burdens on investors and intermediaries

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