Chapter:	571N	Title:	SECURITIES AND FUTURES (FINANCIAL RESOURCES) RULES	Gazette Number:	L.N. 209 of 2002; L.N. 12 of 2003
Section:	26	Heading:	Cash provided as security for short selling	Version Date:	01/04/2003

A licensed corporation shall include in its liquid assets an amount receivable in the amount of any cash (including interest accrued on it) provided by it as security to the counterparty in respect of a short selling by it of securities where it has not yet delivered the securities to the counterparty for settlement, where the counterparty is-

(a) a securities dealer;
(b) a specified exchange;
(c) a clearing house of a specified exchange; or
(d) a clearing participant of a clearing house referred to in paragraph (c).