proprietary business

基本解释

The 2003 settlement gave them the message that the integration of customer and proprietary business was acceptable so long as it was policed properly.
2003年达成的和解，给它们传递了一个信息：只要控制得当，将客户业务和自营业务结合在一起的做法就是可以接受的。
Securities proprietary business;
证券自营业务；
Securities companies shall use their own funds or funds raised in accordance with the law when operating proprietary business.
证券公司的自营业务必须使用自有资金和依法筹集的资金。

These include the heightened risk of industrial espionage during inspections and the possible loss of proprietary business information through other means.
CENTERFORSECURITYPOLICY: Center for Security Policy EXCERPTS OF TESTIMONY BY FRANK J. GAFFNEY, JR. before the SENATE ARMED SERVICES COMMITTEE
Indirect costs will likely include the loss of proprietary business information during intrusive inspections by international monitors and lost production time due to these inspections -- that may take as long as ten business days.
CENTERFORSECURITYPOLICY: Center For Security Policy