), while Transparency International (TI) defines corruption as an abuse of entrusted power for private gains, in both public and private sectors. The European Union defines corruption as the abuse of
), while Transparency International (TI) defines corruption as an abuse of entrusted power for private gains, in both public and private sectors. The European Union defines corruption as the abuse of
), while Transparency International (TI) defines corruption as an abuse of entrusted power for private gains, in both public and private sectors. The European Union defines corruption as the abuse of
), while Transparency International (TI) defines corruption as an abuse of entrusted power for private gains, in both public and private sectors. The European Union defines corruption as the abuse of
actions that may be harmful to the country economy, stability, public order or morality, the SEC has the power to issue a written order instructing the board of directors, the directors or the members to
for public offerings. Also a concern at the initial stage of development was the overlapped market supervision under the authority of multiple agencies as seen in the following areas: Securities
administrative order issuers, i.e., the SEC, the Administrative Sanction Committee and the Securities and Exchange Commission Board. Likewise, the orders can be imposed in many ways, for example, probation, public
the plaintiff shall also have the power to proceed with the execution of the case for the plaintiff and the members of the class. Accordingly, Class Action will be able to deliver justice to several
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the