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Article 17
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When a securities firm conducts securities business money lending, the total amount of money lending financing that it extends to customers, plus the total amount of the outstanding balance of financing extended to the customer for securities margin purchase and short sales business may not exceed 400 percent of the securities firm's net worth.<br/>If a securities firm is concurrently operated by a financial institution, the net worth provisions of the preceding paragraph shall be calculated based on its allocated operating capital; for a branch of a foreign securities firm located within the territory of the Republic of China (ROC), those provisions shall be calculated based on the capital it has specifically allocated for ROC operations.
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