the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing proceeds thereform to invest in, or procure for profit from
thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means. "private fund management"2 means the
proceeds thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means.” * Readers should be aware that
, for profit and has been licensed or registered under this Act, excluding those derivatives fund managers with the characteristics as specified in the notification of the SEC. “derivatives exchange
, for profit and has been licensed or registered under this Act, excluding those derivatives fund managers with the characteristics as specified in the notification of the SEC. “derivatives exchange
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
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
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
) 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