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Article NO. Content

Title：

Guidelines for the Commission Agency Services of Securities Firms for Investment in the Money Market of Settlement Money Payable to Clients from Securities Transactions Undertaken on Behalf of Clients  CH

Amended Date： 2015.03.31 
Categories： Market Supervision > Regulation of Securities Firms
Article Content Chapter Content Search Article No. Search Amended Article Legislative History Chinese
Article 4     The "Securities Firm Money Market Fund Investment Account," or "Investment Account," shall be separated from assets owned by the securities firm. Neither the funds in the Investment Account nor the underlying investment shall be used for any other purposes. With regard to liabilities of the securities firm incurred from its own assets, no creditor of the securities firm may claim to impose an attachment of or exercise any other rights in the funds in the Investment Account and the underlying investment.
    For purposes of receipt and payment of money in connection with the Securities Firm Money Market Fund Investment Services of Securities Firms, a designated New Taiwan Dollar current account shall be opened with a bank under the name of "XX Securities Firm Money Market Fund Investment Account."
    In handling Money Market Fund Investment Services of Securities Firms, the engaged securities firm shall always and only transfer funds between bank accounts.