indicating that rules or conditions to be waived are immaterial to the consideration of that case; (b) There is certain limitation under any other law causing the company unable to comply with rules or

financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings

high net worth investors shall submit an application to the SEC Office and register the transfer restriction (if any) with the SEC Office. The provisions under Clause 17, Clause 18 and Clause 19 shall

and professionals Carrying out businesses with greater flexibilities; getting supports for strengthening competitiveness; being assured of stability of the systems monitored and maintained to

investors shall comply with the conditions under this Division. Clause 55 The approved entity shall be assured that the bonds to be offered for sale in a private placement to high net worth investors shall

the conditions under this Division. Clause 56 An approved foreign entity shall be assured that the debt securities to be offered for sale in a private placement to high net worth investors shall have

restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the

prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to

. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business

. The offer for sale under paragraph 1(2) and (3) that has been registered for a transfer restriction within the institutional investors or high net worth investors shall not be considered as an offer for