existing laws and regulations. The reviewed laws and regulations that are not necessary or do not keep pace with situations or remain obstacles to living or occupations will be abolished or revised to
the existing rules which allow only natural persons to perform such role. Once effective, the amendment is expected to further facilitate access to fund investment and promote development of new
companies whose shares are held by the public.The main objectives of the proposed rules are (1) taking action against existing executives who act improperly, and (2) preventing inappropriate acts of seeking
assign the responsibilities to existing directors who already have the qualifications of independent directors, reduce the total number of board members, or recruit new independent director(s).SEC
prepare the most recent annual and quarterly financial statements as required under the existing regulations. To eliminate the said obstacle, the SEC proposed to relax securities offering rule to allow the
prepare the most recent annual and quarterly financial statements as required under the existing regulations.? To eliminate the said obstacle, the SEC proposed to relax securities offering rule to allow the
on such technology for customer communication and service regarding securities and derivatives business. The draft regulations would be imposed on both existing and new operating business providers
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective
advanced technologies from overseas can generate high returns for investors on a daily basis and even higher gains if the existing investors successfully solicit others to join the investment scheme