the case of giving advice by individuals or investment experts or in the case where a website or electronic media collects or processes data and publishes data, there is, therefore, an issue of

mutual funds under its management; (3) the fee for selling and accepting redemption of investment units shall be at the rate of 1 percent, calculated from the fee income that the licensee collects from

the date on which the securities underwriter collects money from subscribers. Such subscription money shall not be used for any other business; (2) make an agreement with an offeror in the following

within the next business day from the date on which the securities underwriter collects money from subscribers. Such subscription money shall not be used for any other business; (2) make an agreement with