their objectives of safeguarding client benefits, enhance their trustworthiness, and maintain overall market integrity, but also reflect their self-discipline which would further reduce chances of law
exercising their bondholders' rights and safeguarding their interests and to request all and any information necessary from the bondholders' representative to have complete information for further decision
management. The business provider must have the protective measures against conflicts of interests, for the increased protection for the investors.SEC has published relevant documents regarding public
“bondholders’ representative,” who serves as a crucial mechanism for safeguarding and advocating for bondholders. The bondholders’ representative is required to comply with the Securities and Exchange
system in safeguarding clients’ confidentiality. The SEC therefore urged EY to rectify the system to be more stringent and the company has already done so. In addition, the SEC has sent a circular to all