qualifications, has a prohibited characteristic, performs duties defectively, or fails to comply with the rules, standards or work ethics specified for the regulated person. The SEC or other regulators may impose
, such party has the right to appeal. Moreover, the court may impose any of the following measures, along with imprisonment and fine, on whom committed any offense under Section 278, Section 281/2
approval prior to issuance and offer for sale of securities; however, the consideration process must not impose excessive obstacles or costs on the issuing companies. · The SEC requires that
regarding the power of decision making and the approval for credit limit, to prevent the absolute power of either CEO or Chairman as it may impose risks to the company, especially in a significant matter that