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Article 4-1
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A principal trading the beneficial certificates of leveraged or inverse securities investment trust ETFs for the first time shall complete a checklist of beneficial certificates of leveraged or inverse securities investment trust ETFs for the principal to read carefully and sign before the securities firm may accept the principal’s order. The principal may do so by correspondence, e-mail, facsimile, or electronic means that is sufficient to identify the principal as itself and confirm its indication of intent.
The aforementioned checklist of beneficial certificates of leveraged or inverse securities investment trust ETFs shall be created by the TWSE.
Professional institutional investors that conform to the Regulations Governing Offshore Structured Products, privately placed securities investment trust funds managed by SITEs, futures trust funds offered by futures trust enterprises to persons with prescribed qualifications, discretionary investment accounts managed by SITEs, securities investment consulting enterprises or securities brokers concurrently operating securities investment consulting enterprises, or discretionary investment accounts managed by managed future enterprises are not governed by paragraph 1.
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