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Article NO. Content

Title:

Regulations Governing Securities Firms  CH

Amended Date: 2025.07.18 
Article 44 When a securities firm accepts brokerage orders to trade securities, it shall not use information obtained from a brokerage trading order to take the opposite side of the same trade in its own proprietary trading. However, this restriction shall not apply when, in the course of conducting over-the-counter trading of securities, it sells according to its quoted price, and simultaneously quotes to buy.