investment units redeemed in the previous five days) In cases where the mutual fund management company, upon consideration, honestly and reasonably believes that the dissolution of the mutual fund will not
Supervisory Board or the SEC Office in cases where the officer, the employee or such other persons believe or have reasonable ground to honestly believe that there has been contravention of or failure to comply
the information honestly believed to be sufficient, will the adviser be responsible to shareholders? A: Directors' decision based on the information received from an external adviser may constitute
management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy
comply with the following criteria: (1) the derivatives broker shall perform his or her duty honestly by taking into consideration the best interests of clients; (2) the derivatives broker shall give
as a derivatives broker for clients, the derivatives broker shall comply with the following criteria: (1) the derivatives broker shall perform his or her duty honestly by taking into consideration the
behavior that, if considered on a reasonable ground, indicates failure to honestly and fairly perform duty in providing financial services, lacks professional accountability or due care, or aids or abets or
and its employees should deal fairly and honestly with rated entities, obligors, originators, underwriters, arrangers, and users of credit ratings. 1.19 behavior, and the CRA should have policies and