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Article 6-4
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When securities firms trade mortgage-backed securities or collateralized debt obligations over the counter, the counterparties of such transactions shall be limited to professional institutional investors and high net worth juristic person investors. The subject matter of such trades shall conform to the provisions regarding the credit ratings of foreign securitized products for which securities firms may accept brokerage trading orders from professional investors as set out in Article 6 of the Regulations Governing Securities Firms Accepting Orders to Trade Foreign Securities.
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