person shall establish limited company or public limited company to undertake securities finance business. The company so established shall have formation of shareholders and their proportion of
so established shall have formation of shareholders and their proportion of shareholding as specified the SEC. Upon the establishment of limited company or public limited company shall file an
integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the
advisor. (5) Directors, managers, the executives of the investment banking unit adhering to professional code of ethics of financial advisor, integrity, and commitment to going-concern business; having