, called a settlor, transfers or creates real right or any right appertaining to property to or for another person, called a trustee, with trust and confidence in order that the trustee shall manage such
person to manage trust property under Section 37, the trustee shall thoroughly and carefully select such person as well as supervise and audit the delegated management adequately. The SEC shall have the
manage trust property under Section 37, the trustee shall thoroughly and carefully select such person as well as supervise and audit the delegated management adequately. The SEC shall have the power to
, as well as to supervise, matters concerning securities, securities businesses, the Securities Exchange, over-the-counter centers, and related businesses, organizations related to securities business
have the power and duty to formulate policies to promote and develop, as well as to supervise, matters concerning securities, securities businesses, the Securities Exchange, over-the-counter centers, and
on prevention of conflicts of interest (“COI”) in managing a mutual fund as well as to monitor and oversee acts that may cause COI, unfair characteristic or cause unitholders to lose the interest that
a mutual fund and shall monitor and oversee acts that may cause a conflict of interest to the unitholders and any acts that may have an unfair characteristic toward the unitholders or may cause the
person licensed or registered under the law to manage funds or investments; or (d) in the manner which does not take advantage of other persons or in the manner as specified in the notification of the SEC
or sell the digital tokens or enter into a derivatives contract related to the digital tokens was assigned to a person licensed or registered under the law to manage funds or investments; or (d) in the
the date of its publication in the Government Gazette. Section 3. In this Act: “fund”3 means a provident fund. “single fund” 3 means a fund established for employees of a single employer. “pooled fund