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Article NO. Content

Title:

Regulations Governing Securities Firms  CH

Amended Date: 2024.03.06 (Articles 37 amended,English version coming soon)
Current English version amended on 2022.09.01 
Article 27     The securities subscribed to by a securities firm under the first part of paragraph 2 of Article 81 of the Act shall be re-sold within the underwriting period as prescribed in the underwriting agreement.
    The provisions of Article 24 shall apply mutatis mutandis to the public announcement for the re-sale by the securities firm referred to in the preceding paragraph.
    If the securities for re-sale under paragraph 1 above is not fully sold, the unsold portion shall be sold in accordance with Article 75 of the Act.