resolution and order shall state clear reason therefor. If the office of the Chairman or a commission member is vacated prior to the expiration of the term of office, the Cabinet may appoint another person to
) to issue notifications to implement this Royal Enactment; (5) to determine fees for handling certain matters in accordance with this Royal Enactment; (6) to appoint sub-committees or advisors to
has authorized the management of investment to acquire benefit from securities, whether or not investment in other assets is also made, which management is conducted as an ordinary course of business
is conducted as an ordinary course of business, in consideration of a fee or other remuneration, excluding the management of investment as specified in the notification of the SEC. 3 indicated
. “derivatives broker” means any person who, in the ordinary course of business, engages or holds himself out to the general public as being ready to engage as an agent in the business of trading in derivatives
replaced with the following provision: “SECTION 31/3 In the case where it is necessary to appoint commissioners in the SEC or board members in the Capital Market Supervisory Board, the Minister shall appoint
charge of the implementation of this Act, and shall be empowered to appoint the registrar and the competent official, issue ministerial regulations, and prescribe other tasks to implement this Act
. “Minister” means the Minister in charge of the implementation of this Act. Section 4. The Minister of Finance shall be in charge of the implementation of this Act, and shall be empowered to appoint the
enforcement of this Emergency Decree and shall have the power to issue notifications and appoint competent officer to perform duties in accordance with this Emergency Decree. Such notifications shall come into