management 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. SECTION 4. The

in the purchase, sale or exchange of securities in the normal course of business in consideration of a commission, fee or other remuneration therefrom. "securities dealing" means a purchase, sale or

. "securities brokerage" means brokering or representing any person in the purchase, sale or exchange of securities in the normal course of business in consideration of a commission, fee or other remuneration

a fee or other remuneration, excluding the brokers or agents who act in the manner as specified in the notification of the SEC. “ digital asset dealer ” means a person who provides services or holds

normal course of business, in consideration of a fee or other remuneration, excluding the brokers or agents who act in the manner as specified in the notification of the SEC. “digital asset dealer” means a

” 31means a fund established for employees of multiple employers. “wages” means the money paid by the employer to the employee as remuneration for working, whether determined, calculated or paid as the

” 3 means a fund established for employees of multiple employers. “wages” means the money paid by the employer to the employee as remuneration for working, whether determined, calculated or paid as the

first paragraph. The Selection Committee in the first paragraph shall elect a committee member to be its Chairman. The Selection Committee shall receive a remuneration from the SEC Office as specified by

the Capital Market Supervisory Board and the sub-committee shall receive remuneration as specified by the SEC. The remuneration shall be deemed to be expenses for the operation of the Office.” SECTION

receive remuneration as specified by the SEC and such remuneration shall be deemed as expenses for the operation of the SEC Office. SECTION 317/4 Civil sanctions shall be: (1) a civil penalty under Section