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14-2
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In securities business money lending conducted by a securities firm, a customer’s application for Subscription Lending shall be rejected if:
- the customer fails to pay the margin within the prescribed period;
- extension of the offering period of the issuer is approved by the competent authority;
- the issuer changes the subscription amount per share; or
- the period between the last day for payment for new subscription and the last day for payment by specified persons subscribing for new shares exceeds three business days.
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