company by taking into account the appropriateness and acceptable risk level. The securities company should specify the details on the designation or approval for such action clearly in writing, and monitor

another person to undertake the investment management, such designation shall comply with the following rules: (1) The person so designated must be qualified to undertake securities business in the category

management, designation, control, and supervision of policies of an applicant ; (b) duties concerning control, supervision, and administration of business units: investment consultation, investment planning