• Font Size:
  • S
  • M
  • L
友善列印
WORD

Article NO. Content

Title:

Regulations Governing Securities Firms Accepting Orders to Trade Foreign Securities  CH

Amended Date: 2017.10.06 
Article 23     The foreign securities purchased by securities firms on orders from principals, except in the case of professional institutional investors, shall be deposited in the name of the securities firm, or in the name of the financial institution as sub-broker, in a depositary in the locale of the site of transaction. Further, such record shall be recorded in detail in the account of the principal and in the reconciliation statement to facilitate review by the principal.
    The securities firm shall report the depositary referred to in the preceding paragraph to the securities dealers association for its record.