Regulations Governing Futures Trust Enterprises Article 12

A futures trust enterprise shall have one or more shareholders meeting the qualification requirements set out in Article 12 of the Standards Governing the Establishment of Futures Trust Enterprises, with shareholding or combined shareholding of no less than 20% of the total number of issued shares (excluding shareholding from distribution of new shares as employee bonuses, or from issuance of new shares that are reserved for subscription by employees, or shareholding meeting certain conditions).Before any transfer of shares by any shareholder under the preceding paragraph, the futures trust enterprise shall file an advance report of such transfer with the competent authority for recordation.
中文原文 期貨信託事業管理規則第12條
期貨信託事業應有一名以上符合期貨信託事業設置標準第十二條所定資格條件之股東,除以發行新股分配員工紅利、發行新股保留由員工承購或符合一定條件者外,其合計持有股份不得少於已發行股份總數百分之二十。
前項股東轉讓持股時,期貨信託事業應於轉讓前申報主管機關備查。

English translation for reference only; the Chinese text prevails. Not legal advice.