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  • Securities Accounts and Records

    • CSD-2.4.1

      No person shall deal in deposited securities without first having a securities account.

    • CSD-2.4.2

      A depository participant which deals in deposited securities as principal shall, in relation to such dealing, open and maintain a securities account with the central depository.

      Amended: April 2016

    • CSD-2.4.3

      A central depository may establish different types of securities accounts for different classes of persons.

    • CSD-2.4.4

      Every securities account opened with a central depository shall be in the name of the beneficial owner of the deposited securities.

    • CSD-2.4.5

      The person opening the securities account shall make a declaration in such manner as may be specified in the rules of the central depository that he is the beneficial owner of deposited securities.