Regulations Governing Futures Advisory Enterprises Article 6

When any of the following circumstances occurs with respect to a futures advisory enterprise, the enterprise shall report to the competent authority via the Futures Association:1. Commencement, suspension, resumption, or termination of operations.2. Involvement by the futures advisory enterprise or by the responsible person or any associated person or other personnel of the futures advisory enterprise, in the course of enterprise operations, in litigation, arbitration, or being the obligor in a compulsory execution, or the futures advisory enterprise being a bankrupt, or having a negotiable instrument dishonored or being blacklisted by a bank.3. Any circumstance in Article 19 herein that applies to the responsible person or an associated person.4. An act of the responsible person, an associated person, or any other personnel violates the Futures Trading Act or any competent authority order promulgated pursuant to the Futures Trading Act.5. Any other matters requiring reporting under the regulations of the competent authority.The enterprise shall report the circumstances under subparagraph 1 of the preceding paragraph prior to the fact; the enterprise shall report the circumstances under subparagraphs 2 through 4 by letter to the Futures Association within five business days from the day on which the the company learned of the occurrence of the fact.The term "business day," as used in these Regulations, means one trading day on the domestic futures markets.