·	The Thorny Path to Direct Financing
	Yasuyuki Fuchita

·	The Lifting of Restrictions on the Use of Electronic Media for the Delivery of Prospectuses: An Unfinished Job
	Sadakazu Osaki

·	Collective Investment Schemes in Asia: The Current Situation
	Yuta Seki

·	Issues Surrounding Debtor-in-Possession Financing in Japan
	Masanobu Iwatani