Regulations Governing the Conduct of Securities Trading Margin Purchase and Short Sale Operations by Securities Firms Article 2
To conduct securities trading margin purchase and short sale business, a securities firm shall require approval from the competent authority.The term "margin purchase" refers to a securities firm providing monetary financing to its customers; the term "short sale" refers to a securities firm lending securities to its customers.The competent authority may, depending on domestic economic and financial status and securities market conditions, restrict applications by securities firms to conduct margin purchase and short sale business.
中文原文 證券商辦理有價證券買賣融資融券管理辦法第2條
證券商辦理有價證券買賣融資融券，應經主管機關核准。
稱融資者，指證券商對其客戶融通資金之謂；稱融券者，指證券商對其客戶融通證券之謂。
主管機關得視國內經濟、金融情形及證券市場狀況，限制證券商申請辦理有價證券買賣融資融券。
稱融資者，指證券商對其客戶融通資金之謂；稱融券者，指證券商對其客戶融通證券之謂。
主管機關得視國內經濟、金融情形及證券市場狀況，限制證券商申請辦理有價證券買賣融資融券。