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Article NO. Content

Title:

Regulations Governing Securities Finance Enterprises  CH

Amended Date: 2018.02.12 
Article 44     When a securities finance enterprise engages in securities borrowing and lending and a customer exceeds the deadline for replenishing the collateral or fails to return the securities by the stipulated date, the securities finance enterprise shall thereupon dispose of the customer's collateral. However, this rule does not apply if the two parties have stipulated otherwise.