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Article 42
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A securities firm conducting business relating to custody and investment of funds on behalf of customers shall set aside an operation bond in the amount of 1% of the total amount of funds entrusted by customers for custody and investment, current as of the end of each month. Any interest accrued on custodied funds, and any income or loss incurred on investment, shall not be included in the calculation of the total amount of funds entrusted by customers for custody and investment.
The securities firm shall at the end of each month calculate the total amount of funds entrusted for custody and investment as referred to in the preceding paragraph and shall by the 10th business day of the next month either set aside an additional amount of operation bond or, as the case may be, withdraw any surplus amount upon approval by the competent authority.
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