Article 5
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The borrowers and lenders of securities for transaction needs and for performance shall be limited to the specific corporate institutions as follows: 1. Lenders: insurance companies, banks, investment and trust companies, securities investment trust enterprises (funds publicly offered or privately placed thereby), futures dealers, and others as approved by the competent authorities. 2. Borrowers: securities dealers, securities investment trust enterprises (funds publicly offered or privately placed thereby), futures dealers, and others as approved by the competent authorities.
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