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Article 17
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A securities firm, unless concurrently operated by a financial institution, shall not borrow funds from a non-financial or non-insurance institution; provided that this rule shall not apply to the following:<br/>1. Issuance of commercial paper;<br/>2. Issuance of corporate bonds;<br/>3. Meeting urgent capital needs of the company.<br/>When borrowing funds to meet urgent capital needs referred to in subparagraph 3 of the preceding paragraph, a securities firm shall report to the FSC within 2 days from the date of occurrence of the event.
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