Standards Governing the Establishment of Securities Firms Article 16

The provisions of Article 6, 7, 8, 11, and 12 shall apply mutatis mutandis to a financial institution that applies to concurrently operate securities business. The provisions of Articles 11 shall apply mutatis mutandis to a financial institution that only operates as a dealer in government bonds and the financial institution shall assign at least one full time associated person to handle such business.