Type of securities : Common share | Effective Date : 06/05/2022 | Close Selling Date : 13/05/2022
In the past, SEC had been approving securities business operators to assign outsourcing in other operations related to businesses for the effectiveness and flexibility of the operation. Business providers are still responsible for any actions operated by the outsourced company while the outsourced company must also have the readiness in both personnel and the operating system, and such operation must be under appropriate supervision.SEC is revising the regulations regarding supervision of...
Outsourcing Function related to Business Operation to Third Party
Rules, Conditions and Procedures for Outsourcing Function related to Business Operation to Third Party
business operator who performs safekeeping of clients’ digital assets to function as a digital asset wallet provider and provide service to own clients or clients who open wallet with other digital asset
establish and maintain a review function made up of one or more senior managers with appropriate experience to review the feasibility of providing a credit rating for a type of entity or obligation that is
This is in response to news on a website stated that the Office of the Securities and Exchange Commission (SEC) will prohibit margin loans and net settlement for shares having turnover ratio of more
Brokerage: Investment Units, failed to comply with the rules, conditions and procedures as specified in the notification by failing to specify the extent and procedure of outsource function related to