Introduction SHARE : Detail Content Class Action is a type of civil proceedings whereby one or more plaintiff brings a civil lawsuit in order to protect the right of oneself and a group of persons who have the
plaintiff brings a civil lawsuit in order to protect the right of oneself and a group of persons who have the same rights deriving from the same facts and legal principle. In 1995, Class Action was
; (2.3) There are causes and necessities in order to protect the benefit of the investors. Should the mutual fund management company require to stop the operation longer than 1 business day, the
provisions, conditions, and procedures to protect the investors or to ensure the clarity and uniformity in operating standards in the following matters : 1) The sale, redemption, an increase or reduction of
securities depository centers, the supervision will emphasize on the mechanisms to protect the assets of their members and cclients as well as the issuance of their rules must be approved by the SEC Board
about the investme nts and any conflict s of interest; (6) Any other information about the private fund to protect the client's interest. Nevertheless, the provisions shall not apply to Government