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Article 8
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Securities brokers shall not accept a trading order under any of the following conditions:
- Where the broker is given full authorization to select the type of security traded.
- Where the broker is given full authorization to decide the volume of securities traded.
- Where the broker is given full authorization to decide the price at which the brokerage trade takes place.
- Where the broker is given full authorization to decide whether to buy or sell securities.
- Where the trade involves securities not approved for listing or for which trading has been temporarily suspended.
- Where the trade involves securities no longer listed.
- Where the securities trade involves installment payments.
- Where the principal is given a guarantee of profit or profit sharing is involved in securities trading.
- Where a securities dealer's trading order has not been approved by the competent authority.
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