| 1. | Household savers must monitor the actions of firms in a timely and complete fashion after purchasing securities
独立储户们在购买债券后必须全天候、全方位地监管公司的一举一动。 |
| 2. | Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class
从发行公司购买的额外股票不影响以前购买的同一类股票的持有期。 |
| 3. | 7 in the case of a purchase transaction , if the selling broker fails to deliver on the settlement date and you have to purchase securities to settle the transaction , i / we shall not be responsible to you for the costs of such purchase
就买入交易而言，倘卖方经纪未能于交收日内交付证券，导致阁下须买入证券进行交收，本人/吾等毋须为买入该等证券的费用向阁下负责。 |
| 4. | This liability system , which leads to a discriminatory treatment between investors who purchase securities from the primary market and those from the secondary market , conflicts with the trend of integration of the periodic disclosure requirement and the disclosure requirement for the issues of securities
美国证券法针对证券发行市场和二级市场上发生的虚假陈述设置了不同的责任形式，其缺点是导致一级市场与二级市场上的投资者受到差别待遇，有悖于信息披露制度一体化的趋势。 |
| 5. | Article 186 if a securities firm , in violation of the provisions of this law , sells for a client securities that are not actually in the client s account or provides funds for a client to purchase securities , its illegal gains therefrom shall be confiscated and a fine equal to the value of the securities illegally purchased or sold shall be imposed on it
第一百八十六条证券公司违反本法规定，为客户卖出其帐户上未实有的证券或者为客户融资买入证券的，没收违法所得，并处以非法买卖证券等值的罚款。 |
| 6. | Article 17 when a securities firm conducts securities business money lending and its customer uses purchased securities as collateral , the outstanding balance of financing to the customer may not exceed 150 percent of the securities firm ? s net worth ; the combined total of the outstanding balance of financing extended to the customer for securities margin purchase and short sales business plus securities business money lending may not exceed 400 percent of the securities firm ? s net worth
第17条证券商办理证券业务借贷款项，客户以其买进证券为担保者，对客户融通馀额不得超过其净值百分之一百五十；办理有价证券买卖融资融券业务与证券业务借贷款项合并计算后，对客户融通馀额不得超过其净值百分之四百。 |
