+%22electrica... PowerPoint Presentation Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to

Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to undertake in a different manner from

the management of funds of a person or group of persons who has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which

Section 32 or Section 33, as specified in the notification of the SEC Office; (2) any securities which are issued by a third party who grants the securities holders the right to purchase, sell, acquire, or

right of a person to participate in an investment in any project or business; (2) specifying the right of a person to acquire specific goods, specific service, or any specific other right under an

: (1) specifying the right of a person to participate in an investment in any project or business; A36633673/0.7/02 Jul 2018 2 (2) specifying the right of a person to acquire specific goods, specific

has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which management is conducted as an ordinary course of business

management of funds of a person or group of persons who has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which management