under the supervision or the SEC, the Capital Market Supervisory Board or the Office. 3 Where person having characteristics under (5) or (6) is appointed, the appointed person shall perform his duty only
company (“AMC”) to easier receive unitholders’ resolution in revision or modification of mutual fund project or management procedure Amendments Details 2.1 Imposing fiduciary duty of AMC in mutual fund
characteristics under (5) or (6) is appointed, the appointed person shall perform his duty only after his resignation from the position under (5) or (6), which shall be within thirty days from the date of
Market Supervisory Board or the SEC Office. In case where any person having characteristics under (5) or (6) is appointed, the appointed person shall perform his duty only after his resignation from the
DERIVATIVES TRADING SECTION 9. The SEC shall have the power and duty to formulate policies, to promote and develop, as well as to supervise, matters concerning derivatives (contract), derivatives business
; (2) increase in the types of investment units without diminishing the existing rights of the unitholders; (3) proceeding in compliance with the provisions of this Act; (4) revision or modification of a
upon publication in the Government Gazette. Chapter 1 Supervision of Trust for Transactions in Capital Market __________________ SECTION 8 The SEC shall have the power and duty to formulate policies to
The SEC shall have the power and duty to formulate policies to promote, develop and supervise trust for transactions in the capital market. Such power and duty shall include: (1) the issuance of rules
SECTION 8 The SEC shall have the power and duty to formulate policies to promote, develop and supervise trust for transactions in the capital market. Such power and duty shall include: (1) the issuance of