US EditionTaiwan Amends Insurance Act to Enhance Consumer Protections
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The Legislative Yuan's Finance Committee approved an amendment to the Securities Investor and Futures Trader Protection Act at its first reading on the 11th. The amendment will expand the legal system for protection agencies to initiate representative lawsuits and dismissal lawsuits, and add that company directors and supervisors may be dismissed from their positions if they are involved in securities fraud, unconventional transactions, embezzle…
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