management is conducted as an ordinary course of business, in consideration of a fee or other remuneration, excluding the management of investment as specified in the notification of the SEC. SECTION 4. The
. “derivatives broker” means any person who, in the ordinary course of business, engages or holds himself out to the general public as being ready to engage as an agent in the business of trading in derivatives
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prescribe other additional characteristics. Section 21 If the securities offered for sale by the special purpose juristic person are debt instruments which are not debt instruments subordinated to ordinary
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
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