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Article 2
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Securities firms accepting brokerage orders to trade ("brokering trades in") foreign securities and exercising rights relating to the securities purchased on orders from principals shall do so in accordance with these Regulations, the laws and regulations of each local securities market, the bylaws of the securities exchange or self-regulating organization, and the contract with the principal.
Securities firms brokering trades in offshore funds shall do so in accordance with the Regulations Governing Offshore Funds prescribed under authority of Article 16, paragraph 3, of the Securities Investment Trust and Consulting Act; for matters on which those Regulations are silent, relevant provisions of these Regulations shall apply.
Except in the case of a securities firm brokering trades for high-asset customers, which shall separately be subject to the provisions of Articles 6-1 to 6-4, or in the case of a securities firm brokering trades for professional institutional investors or high net worth juristic person investors, which shall separately be subject to the provisions of Articles 6-2, paragraph 3, a securities firm brokering trades in offshore structured products shall do so in accordance with the Regulations Governing Offshore Structured Products; for matters on which those Regulations are silent, the relevant provisions of these Regulations shall apply.
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