work for such persons to have full or partial managing power in the securities company.

. For fractions of hour: a. Less than 30 minutes will not be counted b. 30 – 45 minutes will be counted half an hour c. More than 45 minutes will be counted as an hour 3. Hours of attendance in training

rules prior to making such transaction: (1) In cases where the resolution is requested by sending a letter to the unitholders, the resolution shall be passed by more than half of the outstanding

approval term, considering the graduation year, in either one of the following fields: (i) Business administration, finance, accounting or economics; (ii) Any field with at least half of the curriculum

the designated matters. SECTION 12. At least half of the subcommittee members shall form a quorum. In the subcommittee’s meeting, if the chairman is not present at the meeting or is unable to perform

been made, the remaining commissioners shall retain their offices on the condition that there are at least six persons holding such position. SECTION 12. At least half of the commissioners of the SEC

the event the remaining period up to the end of the calendar year for operation of the licensed business in the first year is shorter than six months, the licensee shall pay such fees at one half of the

documents of the mutual fund supervisor shall also be attached to the written request for a resolution or the written notice of the meeting; (3) have the quorum of at least twenty-five unitholders or half of

, departmental director or any equivalent position called otherwise, and shall include a person having entered into an agreement for full or partial power of management. “ general investor ” means an investor who

otherwise, and shall include a person having entered into an agreement for full or partial power of management. Clause 2 The operation under a regulatory sandbox of a person who is approved by the SEC Office