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Article NO. Content

Title:

Regulations Governing the Conduct of Securities Trading Margin Purchase and Short Sale Operations by Securities Firms  CH

Amended Date: 2015.11.26 
Article 18     In the event that a customer of a securities firm fails to pay the maintenance margin in accordance with the provisions of paragraph 1 of the preceding Article or fails to settle the transaction within the agreed time limit, the securities firm shall dispose of the collateral. However, this rule does not apply if otherwise stipulated between the parties.