their respective types of risks and facilitate development of different types of securities businesses. Pursuant to the current rules, the paid-up registered capital of securities companies and

Exchange Commission the power to issue and revoke securities business licenses as well as the power to approve additional types of securities businesses and specify paid-up registered capital thereof. These

: (1) types of securities which can be deposited with the central securities depository and types of persons permitted for membership; (2) provision of services regarding depository, withdrawal, and