1 The American Institute in Taiwan (AIT) and the Coordination Cou-ncil for North American Affairs(CCNAA) recognize the increasinginternational activity in futures and options markets ("futuresmarkets"), and the corresponding need for mutual cooperation be-tween the regulatory authorities in their respective jurisdicti-ons.AIT and CCNAA believe that as international participation in fu-tures markets continues to grow, it becomes increasingly import-ant to establish arrangements to exchange supervisory, surveill-ance, and investigatory information in order to assist the regu-latory authorities in their respective jurisdictions in securin-g compliance with their laws, rules and regulations regarding f-utures matters, to the extent permitted by the law of each juri-sdiction.These arrangements should serve to improve the protection of cu-stomers, to secure the adequate supervision and effective regul-ation of futures markets and futures businesses, to enhance thesupervision of cross-border transactions, and to prevent fraudu-lent and other prohibited practices in the futures markets, thu-s promoting the integrity of the markets.For these reasons, AIT and CCNAA agree to facilitate requests m-ade by the regulatory authorities in their respective jurisdict-ions for supervisory, surveillance and investigatory information, on a ease-by-case basis. In order to ensure the timely proces-sing of such requests, AIT and CCNAA appoint the contact personsdesignated in Appendix A hereto.AIT and CCNAA look forward to the productive and efficient faci-litation of requests received from the regulatory authorities intheir respective jurisdictions and agree to negotiate in good f-aith additional measures for the exchange of supervisory, surve-illance and investigatory information requested by these regula-tory authorities should such measures prove to be necessary orappropriate.Signed at Arlington, Virginia, this 11th day of January, 1993.For the American instituteFor the Coordination Councilin Taiwan for North American Affairs[Signed][Signed]Natale H. Bellocchi Ding Mou-ShihChairman and Managing DirectorRepresentativeAPPENDM AThe American Institute in Taiwan designates:as the contact person for investigatory information:Director, Division of Enforcement;United States Commodity Futures Trading CommissionTEL: (202)254-9501FAX: (202)254-3534as the contact person for supervisory information:Director, Division of Trading and MarketsUnited States Commodity Futures Trading CommissionTEL: (202)254-6488FAX: (202)254-8010as the contact person far surveillance information:Director, Division of Economic AnalysisUnited States Commodity Futures Trading CommissionTEL: (202)254-3201FAX: (202)254-3682The Coordination Council for North American Affairs designates:as the contact person for matters concerning information sharing:Dr Chung-Hsing ChenGeneral CounselSecurities and Exchange CommissionTEL: (02)356-0950Fax: (02)392-4068, (02)394-8249as the contact person far matters concerning information sharing:Mr. Lorain Chen Deputy Director for International Affairs Securities and Exchange Commission TEL: (02)356-0950 FAX: (02)392-4068,(02)394-8249