appropriate experience and ability, and necessary authority, to assume that responsibility. If yes, is their appropriate experience and ability sufficient to identify and understand quality control issues and

; “manager” means a person appointed by the board of directors of an investment advisory company to assume the highest responsibility in the management of the investment advisory company, regardless of the

” means a person authorized by a company’s board of directors to assume the highest responsibility in the company’s management, regardless of his or her title; (3) “ institutional investor ” means an

their successors assume their duties. SECTION 11.4 Apart from retirement upon expiration of the term of office under Section 10, the office of the Chairman and a commissioner appointed in accordance with

password hard to presume. It should impose by the system. However, if the system has a limitation which unable to impose a password in accordance with all of Clause of the guideline prescribed by the Office