SEC has revised rules to make it easier for companies to engage in this business, for example, abolishing the rule requiring unit-selling agents to sell investment units of different management
must not have behavior showing any objectives to engage in investment advisor business and must be registered with SEC. Even though the investment planners are waived in this matter, they are required
conflicts of interest and prioritise advancing the best interest of clients. Principle 3: Make informed investment decisions and engage in active ongoing monitoring of investee companies. Principle 4: Apply
interest of our members. Principle 3: Oversee asset managers to make informed investment decisions and engage in active ongoing monitoring of investee companies. Investment decisions should take into account
investment decisions and engage in active ongoing monitoring of investee companies. 4. Apply enhanced monitoring of and engagement with the investee companies if monitoring pursuant to (3) is considered
re-election. The board should also periodically (preferably every three years) engage an independent outside consultant to undertake the evaluation. The non-executive directors, led by the lead
, deemed as a class 2 transaction under the Acquisition and Disposition Notifications. Therefore, the Company is required to undertake the following actions: (1) disclose information on the class 2
establishment] from the Securities and Exchange Commission. “ mutual fund management company ” means a securities company licensed to undertake securities business in category of mutual fund management. Chapter 2
company” means a securities company licensed to undertake securities business in category of mutual fund management. 6 Amended by the Notification of the Capital Market Supervisory Board No. TorThor. 6/2560