PART A.3 - SECURITY USAGE RESTRICTIONS AND CORRECTING SEGREGATION DEFICIENCIES

4326. Fails – client or other Dealer Members

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    1. If a Dealer Member has failed to receive securities within 15 business days of settlement date from a client or another Dealer Member, the Dealer Member must:

      1. borrow the same issue of securities to cover the deficiency, or

      2. undertake to buy‑in the securities. 

    There is no history log for this rule.

    There is no history log for this rule.