the date of the withdrawal. The provisions of Section 103 shall apply mutatis mutandis to the persons with whom the securities company enters into an agreement allowing such persons as well as those who

hedge to prevent risks from changing in price or value without delay. The provision in the first paragraph shall not apply to the derivatives broker who enters into an option contract as an option holder

specify under Clause 18 (1) of the Notification on Standard Conduct of Business ; (3) a person of whom a management company could be aware that if the management company enters into a transaction for a fund

necessary and appropriate; (b) the dispute between a natural person who agrees, receives or uses services, or enters into a contract with the respondent relating to securities or securities business, or the

benefit of the intermediary , the intermediary shall ensure that such contract entitle the intermediary to the rights as though the intermediary enters into such contract itself, and the intermediary shall