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Article 18
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To issue ETNs, a securities firm shall perform hedging and establish risk management measures, and apply for a hedging account with the TWSE prior to the initial listing and trading of the ETNs to be issued.
In no circumstance shall a securities firm engage in any activities that may impact the fair market prices or jeopardize investors' rights and interests when trading the ETNs it has issued, and shall establish and implement an effective internal control system.
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