Regulations Governing Securities Investment Consulting Enterprises (Originally Adopted 2004.10.30) Article 15

Except where otherwise provided by the Act, the Securities and Exchange Act, the Futures Exchange Act, the Trust Enterprise Act, or other law or regulation, when a securities broker, futures broker, or trust enterprise concurrently operates securities investment consulting business, the department exclusively engaging in consulting business shall be administered through the mutatis mutandis application of this Chapter and of Article 5, subparagraph 3.Except where otherwise provided by the Securities and Exchange Act, Futures Trading Act, Insurance Act, or Trust Enterprise Act, a securities broker, futures broker, managed futures enterprise, futures trust enterprise, insurance enterprise, or trust enterprise concurrently operating discretionary investment business shall be governed by the mutatis mutandis application of Article 5, subparagraph 3, Article 13, and Article 14.