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Article 15
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In conducting securities margin purchase and short sale business, the total amount of margin purchases that a securities firm provides for any given type of securities may not exceed 10% of its net worth.
In conducting securities margin purchase and short sale business and conducting securities borrowing and lending business, the combined total amount of short sales and loans that a securities firm provides of any given type of securities may not exceed 5% of its net worth.
If a securities firm is concurrently operated by a financial institution, the net worth referred to in the preceding two paragraphs shall be calculated based on the specially allocated operations capital.
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