specified by the Office and may also require an explanation to elaborate or clarify such reports or documents in accordance with the rules and required as specified in the notification of the SEC. The reports

. Page 3, Page 5, Page 6, Page 17, Page 27, Page 29, Page 30, Page 33, Page 42, Page 45, Page 49, and Page 53 of the explanation to the calculation of Net Liquid Capital according to the Form BorLor. 4/1

. 10) dated 29 November 2005. Clause 2. In this notification hereto: (1) “report of net liquid capital calculation” means report of net liquid capital calculation in the form and explanation for

explanation in person or submit further documents as seen appropriate within a specified period of time. In such case, the period from the date on which the SEC Office gives such instruction to the date on

to trading, the Client should obtain from his/her derivatives agent clear explanation of all fees and other charges for which it will be liable relating to trading, settlement or exercise of options

. In this regard, the Office may request for an explanation or clarification of such reports or documents. Clause 11/3. In the case where the investment advisory company violates or fails to comply with

shall sign its name in risk disclosure statement to certify that it gave explanation of risks in derivatives trading to the customer, as well as to arrange its customer to sign his/her name in the

also comply with the explanation attached hereto. Clause 4. In the case where the securities company desires to submit a financial statement under Clause 3 to the Office in the form of electronic data

. In disclosing risks associated with derivatives trading under Paragraph 1, the derivatives broker shall sign on the risk disclosure statement to certify that it has given an explanation of the risks

communicating with and providing services to clients corresponding to each type of capital market products or services; (d) providing sufficient information and explanation regarding risks of capital market