On 26 September 2023, TAI FSC relaxed rules for Innovation Board stocks.
- TAI FSC proposed amendments to Standards governing eligibility of securities for margin purchase and short sale, to enhance fundraising on Taiwan Innovation Board.
- To increase liquidity for Innovation Board Stocks, provide more flexibility for investors, optimize fundraising environment for innovation board, attract more startups to list.
Amendments
- Common stocks on Innovation Board can be included in margin trading, subject to the examination standards for margin trading and short selling applicable to listed stocks.
- Allow continued eligibility for margin trading and short selling of Innovation Board stocks after reclassification as regular listed stocks, similar to over-the-counter stocks.
Effectiveness
- Consultation will be open for 60 days from day after publication of consultation paper.