Excess from obtaining exemptions Excess from operations in good faith Report to the SEC within five business days as from the date on which the mutual fund management company knows, and the report shall
Excess from obtaining exemptions Excess from operations in good faith Report to the SEC within five business days as from the date on which the mutual fund management company knows, and the report shall
benefit of beneficiaries, according to terms set out in a trust instrument. A trustee of an infrastructure trust must hold a license granted by the SEC and be independent from the trust manager
) assumes crucial roles starting from establishing a trust, to filing an application with the SEC for approval of an offer for sale of units of the trust, and to managing the trust. Regulatory Summary
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
traded in the main board of a foreign stock exchange, and have experience relating to the audit of such foreign entity. being under supervision of following regulators; i. an independent audit regulator
publicly traded in the main board of a foreign stock exchange, and have experience relating to the audit of such foreign entity. being under supervision of following regulators; i. an independent audit
: the offer to sell shares remaining from Rights offering 4 t h case: the offer to sell PP shares which is not falling under 1st to 3rd cases 1 st case: assign the board of directors to indicate the
. A trustee's main duties are to: oversee that the trust instrument is established in conformity with relevant laws; appoint a trust manager; prepare a trust property account in segregation from a
years from the effective date of such document; - The rights to claim compensation due to trading securities of an issuer who disclosed information with a false statement to shareholders or the public