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Article NO. Content


Regulations Governing Custody and Investment of Funds by Securities Firms on Behalf of Customers  CH

Amended Date: 2015.01.21 
Article 7     The total value of funds kept under custody and invested by a securities firm on behalf of customers may not exceed 200 percent of the securities firm's net worth; however, the interest generated from the funds under custody and the profits or losses resulting from the investments shall not be considered part of the total value of funds under this paragraph.
    At the end of each month, the securities firm shall deposit 1 percent of the total value referred to in the preceding paragraph as an operating bond, and by the 10th business day of the following month, shall supplement the operating bond, or, with the competent authority's approval, withdraw any overpayment.