closely coordinating with the DBD, the SEC has considered legal issues under the Securities and Exchange Act (SEA) thoroughly to ensure prudence and fairness for all parties. The DBD recently informed the

failure to perform his fiduciary duties with responsibility, prudence, honesty and integrity, and in accordance with the law for the utmost benefit of the company under the Securities and Exchange Act's

loyalty, [ii] lack of responsibility or prudence as a professional or [iii] failure to comply with standards or ethics of appraisal profession or [iv] a collusion or supporting such demeanors of other

it has had a chance to respond to the investors’ letters. CalPERS prefers to raise the issue with companies first so that boards have an opportunity to respond. Another issue is discretion. Once

offenders and informed the proceedings of both cases to relevant agencies for further consideration of enforcement under relevant laws.The SEC strongly urges investors to exercise discretion especially with

of this facilitator rules, the SEC is also proposing that the Capital Market Product Trading Services with Limited Discretion According to Clients? Pre-determined Investment Scope rules be repealed and

juristic persons, listed companies may use their discretion in summoning ID documents, as deemed necessary. In any case, a valid period of such ducuments should at least be in a range of six months or one

Decree on Digital Asset Businesses.  “The SEC therefore urges the public and digital asset investors to exercise discretion with regard to trading and exchanging digital assets as well as depository

under the Securities and Exchange Act.The SEC strongly urges persons interested in investing in securities to exercise discretion and make investments only with business operators who have obtained a

inquiry officer, the decision to prosecute by public prosecutors, and ultimately the judicial discretion of the court in rendering a verdict. In this regard, the SEC will monitor the progress of the ongoing