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Article NO. Content

Title:

Regulations Governing Securities Finance Enterprises  CH

Amended Date: 2018.02.12 
Article 14     When a change in prices results in an increase, after deduction of the principal's debt, in the net collateral value in a principal's margin account, a securities finance enterprise handling margin purchases and short sales may not transfer the increased value to the principal in the form of funds, securities, or commodities, nor may it use such value to offset a margin purchase margin or short sale margin.