, securities index or any other variables as specified in the notification of the SEC with the approval of the Cabinet. “derivatives” means a contract having one or any combination of the following
, securities index or any other variables as specified in the notification of the SEC with the approval of the Cabinet. “derivatives” means a contract having one or any combination of the following
with the following provision: “"mutual fund management" means the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing
position in a political party unless having vacated such position not less than one year; (5) being an officer or an employee of the SEC Office; (6) being a manager or a person with power of management of
least one legal expert, one accounting expert and one financial expert. The Secretary-General shall be a commissioner and the secretary of the SEC SECTION 9.4 The Chairman and each commissioner appointed
than one year; (5) being an officer or an employee of the Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the
by the SEC or a trust to be established under the first paragraph shall have the objective solely for securitization. The provisions of law governing trust for transaction in the capital market shall
trust owed to the trust by the third person. The set-off in contravention of the first paragraph is void. SECTION 33 In making a juristic act or a transaction with a third person, a trustee shall notify
act or a transaction with a third person, a trustee shall notify the third party in writing that it acts in trusteeship and expressly stipulates the information as such in the evidence of the juristic
evidence of the juristic act or the transaction. SECTION 34 A trustee shall prepare an account of trust property separately from any other accounts under its responsibility. In cases where a trustee manages