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Track Record and Reputation of Fairness

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....tions. (2) For the purposes of sub-regulation (1) "sound track record" shall mean: (a) In case of Registered FME (Retail): (i) The FME, its holding company, or their subsidiaries, shall have at least five (5) years of experience in collectively managing Assets under Management (AUM) of at least USD 200 million with more than twenty-five thousand (25,000) investors; or ....

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