. Summary of regulations 1. Limitations on unitholding over one-third of the total outstanding units for any person or any Associated Person. The restrictions are exempted in the following cases: 2. Rules
-third of its maximum capacity to an individual client, or to a group of associated persons, in case that the buyers/end users of product/services are not the government agencies. This is not applied on
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
, who are capable and have experiences beneficial to business operation; (3) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control
compliance with International Standards on Quality Management 1 (ISQM 1); monitoring associated auditors who are attached to the firm to perform an audit work in accordance with the professional code of ethics
. Offer for sale through an underwriter no restrictions with restrictions 4. Restrictions for unit holdings - any persons or a group of the associated persons not more than 50% of the total trust units sold
) fails to fulfill its obligations as to clearing and settlements, all operations must be ceased while risks associated with proprietary trading must be reduced, and client positions are to be transferred
. Restrictions for unit holdings - any persons or a group of the associated persons not more than 50% of the total trust units sold. - trust manager can allot units for the trust manager, directors, executives