expressed as a fiduciary duty, requiring prudence, care and loyalty on the part of all agents which are subject to such obligations. Ultimate owners should actively consider which of their agents should be
act has occurred for more than ten years prior to the submission date of the application, the SEC Office may, subject to its discretion, bypass the lack of qualifications or the possession of prohibited
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
with truth in all respect. It is created with prudence and caution concerning to the benefits of shareholder at most. This Information Memorandum is created on the purpose of information distribution
Company in the past six months the cumulative transaction size is still lower than 15 percent also. The Company certifies that this information is true and correct and has been compiled with prudence and
) financial prudence An intermediary shall maintain substantial and adequate financial resources continuously; (5) market conduct An intermediary shall undertake business in keeping with proper standards of
prudence An intermediary shall maintain substantial and adequate financial resources continuously; (5) market conduct An intermediary shall undertake business in keeping with proper standards of market
control An intermediary shall take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems; (4) financial prudence An intermediary shall
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