+%22electrica... PowerPoint Presentation Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to

, the SEC shall have the power to specify conditions for undertaking trust business. In cases where there has been a change in the necessary circumstance as provided in the first paragraph, the SEC may

or trustworthiness of the system of trust business, the SEC shall have the power to specify conditions for undertaking trust business. In cases where there has been a change in the necessary

for undertaking trust business. In cases where there has been a change in the necessary circumstance as provided in the first paragraph, the SEC may modify or change the conditions already specified

responsibility for its accuracy nor be held liable for any loss or damages arising from or related to its use. 2 “SECTION 4/1 The SEC shall have the power to determine the undertaking of business in any manner is

Minister in charge of the enforcement of this Act. SECTION 4/1.( The SEC shall have the power to determine the undertaking of business in any manner is not a securities business under this Act. SECTION 5.4

Minister in charge of the enforcement of this Act. SECTION 4/1. The SEC shall have the power to determine the undertaking of business in any manner is not a securities business under this Act. SECTION 5.4

the issuance and offering of digital tokens and the undertaking of digital asset businesses, the SEC shall have the duty and power to establish the policies relating to the promotion and development as

2018 4 CHAPTER 2 SUPERVISION AND MONITORING Section 10. For the purpose of supervision and monitoring of the issuance and offering of digital tokens and the undertaking of digital asset businesses, the

specified in the contract, or to demand the other party to enter into a contract under subsection (1) or (2). “derivatives business” means the undertaking to provide services as the following: (1) a