Regulations Governing Payment Operations of Securities Investor and Futures Trader Protection Funds Article 10

After completing review of an application, the protection institution shall provide written notification of the results to the applicant at the address provided in the application. Except where funds are personally collected by the applicant, the protection institution shall transfer the funds to the deposit account opened by the securities investor or futures trader at the financial institution designated by the securities firm or futures commission merchant in default.If an applicant as referred to in paragraph 1, due to the temporary withholding of compensation pursuant to Article 9 of these Regulations or for other legitimate reason, is delayed and unable to collect compensation within the one month time limit, then within one month after the reason for the delay is extinguished, the applicant may, upon provision of concrete evidence, apply to collect the compensation, provided that if the period for which collection is delayed exceeds six months, no application to collect may be made and the protection institution shall return the compensation amount to the protection fund account.