operation of the Securities Exchange including contingency measures to accommodate any emergency situations; (2 ) system for securities trading, system for recording and disseminating information regarding

SEC may grant a waiver of compliance to a company established by and subject to a foreign law whereby measures for investor protection are prescribed in a similar manner to the measures prescribed in

the following matters: (1) sufficient financial resources for the conduct of and risks associated with its operations; (2) safety of its clients’ assets; (3) security measures against electronic crime

) sufficient financial resources for the conduct of and risks associated with its operations; (2) safety of its clients’ assets; (3) security measures against electronic crime, which are capable of protecting

Section 47 mutatis mutandis. 16 DIVISION 6 MEASURES TO PROTECT CUSTOMER ASSET AND SETTLEMENT SYSTEM FOR DERIVATIVES SECTION 49. The derivatives business operator shall maintain financial condition as

Section 47 mutatis mutandis . 16 DIVISION 6 MEASURES TO PROTECT CUSTOMER ASSET AND SETTLEMENT SYSTEM FOR DERIVATIVES SECTION 49. The derivatives business operator shall maintain financial condition as

subject to a foreign law whereby measures for investor protection are prescribed in a similar manner to the measures prescribed in the notification of the SEC, or may allow such company to act differently

protect the public interest. SECTION 35/1.5 Subject to Section 33, the SEC may grant a waiver of compliance to a company established by and subject to a foreign law whereby measures for investor protection