pros and cons and the costs of compliance 4. Seek approval for the measure from SEC Board/CMSB/SEC Office 5. Conduct public consultation on the measure: focus group meetings/public hearings This
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), • Domestic mutual funds (M) • Foreign investors (F) • The sample period of our study is between 2002 and 2008. Measurement • There are three measures which we will use to gauge imbalance: 1. Order volume 2