Article 27
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A securities firm using funds from the cash management account to engage in repo transactions shall do so with counterparties that have, during the most recent year, a long-term credit rating at or above a prescribed level from a credit rating agency as listed in Appendix 1.
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Article 28
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A securities firm using funds from the cash management account to engage in repo transactions may not engage in any transaction with one single counterparty resulting in a combined outstanding balance in excess of 100% of the counterparty's net worth as shown in its latest CPA-audited and attested financial report.
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Article 36
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A securities firm using funds from the cash management account to invest in funds shall do so in compliance with the following:
- Its investment in beneficial certificate units of any single securities investment trust fund may not exceed 10% of the net asset value of that fund.
- Its investment in beneficial units of securities investment trust fund(s) offered and issued by any single securities investment trust enterprise may not in total exceed 20% of the total amount of invested funds.
- Its investment in quasi-money market funds within the category of bond funds may not in total exceed 10% of the total amount of invested funds.
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Article 40
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A securities firm using funds from the cash management account to engage, with the securities firm itself or with a company that is an interested party of the securities firm, in transactions involving eligible instruments specified in Article 10 may not engage in such transactions in a total amount exceeding 50% of the total amount invested.
A securities firm using funds from the cash management account to invest in subject instruments under outright transactions may not invest in such instruments in a total combined amount exceeding 20% of the total amount invested.
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