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Article 25
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A securities firm using funds from the cash management account to engage in outright transactions shall do so in compliance with the following:
- 1. It may not invest in any negotiable certificate of deposit or commercial paper issued by the securities firm itself or by a company that is an interested party of the securities firm.
- 2. The total amount of its investment in negotiable certificates of deposit or commercial papers issued by one single company may not exceed 10% of the total amount of invested funds.
- 3. The total amount of its investment in negotiable certificates of deposit or commercial papers guaranteed or endorsed by any bank or bills finance company may not exceed 10% of the total amount of invested funds.
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