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Article 36
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A securities firm using funds from the cash management account to invest in funds shall do so in compliance with the following:
- Its investment in beneficial certificate units of any single securities investment trust fund may not exceed 10% of the net asset value of that fund.
- Its investment in beneficial units of securities investment trust fund(s) offered and issued by any single securities investment trust enterprise may not in total exceed 20% of the total amount of invested funds.
- Its investment in quasi-money market funds within the category of bond funds may not in total exceed 10% of the total amount of invested funds.
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