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Article NO. Content

Title：

Operation Directions for Securities Firms or Securities Finance Enterprises Accepting Applications by Customers to Extend the Durations of Individual Margin Purchases and Short Sales  CH

Repeal Date： 2016.12.30 
Categories： Securities Exchange Market > Margin Transaction
Article Content Content Search Article No. Search Legislative History Chinese
5     A securities firm or securities finance enterprise shall, prior to the expiry of the six months' period of each margin purchase and short sale, review a customer's credit status and shall notify the customer in writing ten business days prior to the expiry if it disagrees with the extension; no notification is required if the extension is approved. Extensions prior to the expiry of a one year's period shall be effected in the same manner.