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Article 9
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A securities firm conducting securities business money lending may not accept as collateral the securities listed below:<br/>1. Pledged shares.<br/>2. New shares that employees are prohibited from transferring for a certain period, or new restricted employee shares.<br/>3. Stock for which a company employee has elected to apply the deferral of income tax.<br/>4. A company's own shares or other equity securities acquired through a buyback of its own shares, donation, merger, transfer of operations, or other reason.
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