Regulations Governing Futures Trust Enterprises Article 43

A futures trust enterprise shall have one general manager, who shall be responsible for the overall administration of the business operations of the entire company, and it may not have any other person in an equivalent position.The general manager of a futures trust enterprise shall be of upstanding character, possess the ability to effectively lead and manage a futures trust enterprise, and, unless otherwise provided by the Trust Enterprise Act or other law, also possess one of the following qualifications:1. Has obtained qualification as a futures trading analyst in accordance the Regulations Governing Managed Futures Enterprises, and also has 3 years or more of relevant work experience at a qualified institutional investor(s), with a good performance record.2. Is a graduate of a domestic or foreign school at the level of junior college or higher recognized by the Ministry of Education or has an equivalent level of education, and also has 5 years or more of relevant work experience at a qualified institutional investor(s), having served there in the position of assistant general manager or in an equivalent position for 1 year or more, or in the position of manager or in an equivalent position for 3 years or more, with a good performance record.3. Has other academic or work qualifications sufficient to demonstrate possession of professional knowledge of futures, operational experience, and leadership ability that would enable sound and effective operation of futures trust enterprise business.To hire a general manager, a futures trust enterprise shall submit documents verifying that the person it plans to hire meets the required qualifications to the competent authority for review; the person may not assume the position until found qualified.