The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing electronic submission of all required documents through the Online

market.? Hence, we take all factors, such as growth, market development, social changes and disruptive technologies, into account in discharging such duty. These changes inevitably affect the way funds are

management measures to ensure that they are appropriate. Clause 12 Securities clearing houses and central securities depositories shall have sufficient sources of funds to support their operation and potential