foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand

of and understand the status of the mutual fund after the amalgamation/merger: ​​ ​4.1 U p-to-date investment portfolio; ​​4.2 A co mparative summary of key information and differences of the mutual

foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand

of and understand the status of the mutual fund after the amalgamation/merger: ​​ ​4.1 U p-to-date investment portfolio; ​​4.2 A co mparative summary of key information and differences of the mutual

integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the

a tender offer; Reviewing to comprehend the assumptions, policies and operational plans of the waiver applicant to be able to render opinions to shareholders regarding the reasonableness and

a tender offer; Reviewing to comprehend the assumptions, policies and operational plans of the waiver applicant to be able to render opinions to shareholders regarding the reasonableness and

ownership of the business.  Positive gains of the company will also benefit the shareholders. However, the capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program