Standards Governing the Establishment of Futures Trust Enterprises Article 33

A trust enterprise applying to concurrently operate a futures trust enterprise shall meet the following qualifications:1.The CPA-audited and attested financial report for the most recent period shows a net worth per share not lower than par value.2.Has not, during the last half year, been sanctioned under Article 100, paragraph 1, subparagraph 1of the Act, Article 103, subparagraph 1 of the Securities Investment Trust and Consulting Act, or Article 66, subparagraph 1 of the Securities and Exchange Act, and has not on three or more occasions been given an official reprimand and ordered to take corrective action within a specified period of time under Article 44, paragraph 1 of the Trust Enterprise Act.3.Has not been sanctioned under Article 100, paragraph 1, subparagraphs 2 to 4 of the Act, Article 103, subparagraphs 2 to 5 of the Securities Investment Trust and Consulting Act, Article 66, subparagraphs 2 to 4 of the Securities and Exchange Act, or Article 44, subparagraphs 1 to 3of the Trust Enterprise Act during the last 2 years.If a trust enterprise that has been sanctioned under subparagraph 2 or 3 of the preceding paragraph and has been ordered by the competent authority to make corrections but has not yet made concrete corrections as of the time it applies to concurrently operate a futures trust enterprise, the competent authority may deny the permission that is being applied for.