Rules on Appointment of a Third Party as a Service Provider on Behalf of an Intermediary or as a Marketing Agent of a Derivatives Fund Manager
Notification: (1) “ representative ” means a person appointed by a management company as an agent for selling investment units or receiving requisition of investment unit redemption, and in case the management
, the scope and limitiation of appointment shall be in accordance with the following rules: (1) in case of investment units in category of gold ETF, the appointment to be the agent in the Kingdom of
, the scope and limitiation of appointment shall be in accordance with the following rules: (1) in case of investment units in category of gold ETF, the appointment to be the agent in the Kingdom of
) “ representative ” means a person appointed by a management company as an agent for selling investment units or receiving requisition of investment unit redemption, and in case the management company is a private
company”. 4 Clause 5 In appointing a juristic person to be an agent for selling investment units or receiving requisition of investment unit redemption, the scope and limitiation of appointment shall be in
scope of rules and regulations which would serve as standards for derivatives fund management must be set out for the supervision of the derivatives business in the category of derivatives fund management
manager will appropriately manage the investments for investors to protect and maintain the best interest of investors under acceptable risk exposure, it is necessary that the scope of rules and regulations
derivatives fund manager will appropriately manage the investments for investors to protect and maintain the best interest of investors under acceptable risk exposure, it is necessary that the scope of rules
Advisors and Scope of Work. The SEC, therefore, has suspended the approvals of {X1} Securites and {A} as financial advisor and financial advisory supervisor throughout the remaining periods of their