compensation to be considered. 4. No, because the pay justification is not clear. 5.Not at all. It has a dilution effect. 2. Yes. But, it should be given at an appropriate time and must obtain the shareholders

Association regarding the issuance and transfer of shares to increase the foreign shareholding ratio, at any time, to not exceeding 49 percent in aggregate of the total number of shares sold; (b) obtain

of shares to increase the foreign shareholding ratio, at any time, to not exceeding 49 percent in aggregate of the total number of shares sold; (b) obtain approval from the Extraordinary General

securities company at the time of selling order but the securities company is confident that the customer owns such securities, regardless of whether the securities are in the customer’s possession or

absent of the branch office manager under the first paragraph, the derivatives brokers shall arrange to have a new manager within one month unless obtain a waiver from the Office. In the mean time, the

within one month unless obtain a waiver from the Office. In the mean time, the derivatives brokers may assign an officer of the head office or the manager of other full- service branch offices to temporary

category of securities brokerage, securities dealing, investment advisory services, securities underwriting, but shall not include a financial institution under other law and later obtain a license to

paragraph, the securities company shall arrange to have a new manager within one month unless obtain a waiver from the Office. In the mean time, the securities company may assign an officer of the head office

in the audit performance. These firms are also revising the monitoring procedures to be more comprehensive, both at the firm level and the engagement level. This matter requires much time and efforts

of interest. In the case where an executive holds a position required to work on a full- time basis, the executive shall take such position at only one securities company. Clause 3. In applying for