well as adequate and appropriate risk management, especially with regard to the confidentiality of the clients’ personal trading information and cyber security, to ensure that investors receive the
reasonableness of the capital increase, project feasibility, and cost-effectiveness of the investment due to limitations on information disclosure under a confidentiality agreement related to investment. For
system in safeguarding clients’ confidentiality. The SEC therefore urged EY to rectify the system to be more stringent and the company has already done so. In addition, the SEC has sent a circular to all