not higher than the interest rate proposed by financial institutions and also has better loan conditions. (9) Opinions of the Audit Committee and/or the Board of Directors which is different form the

or distributing to investor the following documents containing material facts no different from the draft filed with the SEC Office under the Notification of the Office of the Securities and Exchange

, risks and conditions different from the provision of services by licensed securities business operators, and that the client’s consent is required prior to provision of such services; (4) make an

conditions different from the provision of services by licensed securities business operators, and that the client’s consent is required prior to provision of such services; (4) make an agreement with the

conditions different from the provision of services by licensed securities business operators, and that the client’s consent is required prior to provision of such services; (4) make an agreement with the

limitations, risks and conditions different from the provision of services by licensed derivatives business operators, and that the client’s consent is required prior to provision of such services; (4) make an

limitations, risks and conditions different from the provision of services by licensed derivatives business operators, and that the client’s consent is required prior to provision of such services; 3 (4) make

limitations, risks and conditions different from the 3 provision of services by licensed derivatives business operators, and that the client’s consent is required prior to provision of such services; (4) make

(1) and (3) as well as the following information: (1) The required amount of the initial margin and maintenance margin. If the derivatives broker require different amount of initial margin and

shall at least be the head of the department or a person holding any equivalent position otherwise called under a different name but in charge of a line of work relating to the derivatives business