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Article NO. Content

Title：

Regulations Governing Securities Borrowing and Lending by Securities Firms  CH

Amended Date： 2015.11.02 
Article Content Chapter Content Search Article No. Search Legal Basis Subordinate Legislation Amended Article Legislative History Chinese
Article 18     A securities firm conducting securities borrowing and lending business shall, when a borrower fails to cover a collateral shortfall by the due date, or fails to redeliver the securities by the end of the stipulated time period, dispose of the collateral immediately, provided that this rule does not apply if both parties have an agreement otherwise.