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Securities firms conducting securities trading of margin purchase and short sale shall handle consignment trading within the allocation limit, in the event of exceeding the allocation limit and failing to fill out the consent form for settlement by cash and securities by the client, the exceeding part shall be reported as accounting errors.
Under the circumstances set forth in the preceding Paragraph, the securities firm may, in addition to handle in accordance with "Directions for Reporting and Handling of Out-Trades and Account Number Corrections by Securities Brokers" or "Directions for Securities Firms Handling Changes to Trading Category", notify the securities firms to correct and improve within the time limit; and may report to the competent authorities where the violations are of a serious nature.
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