Regulations Governing Responsible Persons and Associated Persons of Futures Commission Merchants Article 7
The chairman of an FCM may not concurrently serve as the general manager. This restriction, however, does not apply if any of the following circumstances exists and if approval is obtained from the FSC:1. The FCM does not concurrently operate another enterprise, and operates only in one line of business and has only one business location.2. The FCM will cease to exist as a result of a merger or dissolution, and its chairman or general manager has resigned, been removed from office, or otherwise been unable to continue the performance of duties.3. The FCM's business permission was voided by the FSC, and its chairman or general manager has resigned, been removed from office, or otherwise been unable to continue the performance of duties.4. For any other special cause.An associated person of an FCM may not concurrently hold any position at another FCM either domestically or in a foreign country. This, however, does not apply to legal compliance personnel, internal auditors, risk management personnel, or an in-charge accountant of an FCM concurrently holding a position of the same nature at a futures affiliate enterprise in a foreign country.An affiliate enterprise as referred to in the preceding paragraph shall be governed by the Affiliated Enterprises chapter of the Company Act.The respective managerial officers in charge of an FCM's departments involved in brokerage trading, proprietary trading, and settlement and clearing may not concurrently hold any other of those positions.The following associated persons of an FCM may not perform business activities beyond the scope of registration, nor may such business activities be concurrently performed by other associated persons, provided that where other laws or regulations provide otherwise, such laws and regulations shall govern:1. Persons engaged in proprietary futures trading.2. Internal auditors.3. Risk management personnel.Persons engaged in brokerage trading and in executing futures transactions may not concurrently hold a position involved in account opening or clearing and settlement for futures trading or concurrently serve as in-charge accountant.In the case of a securities firm that concurrently operates futures business, if any associated person thereof is qualified both as a securities agent and futures associated person, that associated person may simultaneously handle both securities and futures operations that are of the same nature and are within the scope of the operations of account opening, brokerage trading, proprietary trading, clearing and settlement, internal audit, self-audit, legal compliance, risk management, or in-charge accountant operations for which the person is registered.In the case of a securities firm that concurrently operates futures business, a managerial officer of its department handling securities brokerage trading business, securities proprietary trading business, or securities clearing and settlement business, who furthermore meets the qualifications set out in Articles 3 and 5 herein, may concurrently serve as a managerial officer of its department handling futures business of the same nature.Except as otherwise provided by other laws and regulations, paragraph 7 and the preceding paragraph shall apply mutatis mutandis to banks concurrently operating futures business.An FCM shall establish internal audit and control mechanisms for any concurrent holding of positions by its associated persons to ensure the effective execution of the associated person's principal duties and duties in the concurrently held position and to maintain normal business operations of the FCM. The concurrent holding of positions may not involve any conflict of interest or any violation of applicable futures regulations or internal control system provisions, and the rights and interests of futures traders and shareholders shall be protected.
中文原文 期貨商負責人及業務員管理規則第7條
期貨商之董事長不得兼任總經理。
但有下列情形之一，經本會核准者，不在此限：
一、期貨商未兼營其他事業並僅經營單一業務種類，且僅有單一營業據點。
二、期貨商將因合併或解散而消滅，且其董事長或總經理有辭職、解任或其他無法繼續執行職務之情形。
三、期貨商經本會撤銷營業許可，且其董事長或總經理有辭職、解任或其他無法繼續執行職務之情形。
四、其他特殊事由。
期貨商之業務員，不得兼任國內外其他期貨商任何職務。
但期貨商法令遵循人員、內部稽核人員、風險管理人員及主辦會計人員兼任國外期貨關係企業相同性質職務者，不在此限。
前項所稱關係企業，適用公司法關係企業章之規定。
期貨商受託買賣、自行買賣及結算交割部門之經理人不得互相兼任。
期貨商之下列業務員不得辦理登記範圍以外之業務或由其他業務員兼任，但其他法令另有規定者，從其規定：
一、辦理期貨交易自行買賣業務之人員。
二、內部稽核人員。
三、風險管理人員。
期貨商辦理受託買賣及執行期貨交易業務之人員，不得兼任期貨交易開戶、結算交割及主辦會計等職務。
證券商兼營期貨業務，其業務員如具有證券及期貨業務員資格者，於辦理登記範圍之開戶、受託買賣、自行買賣、結算交割、內部稽核、自行查核、法令遵循、風險管理及主辦會計業務時，得同時辦理證券及期貨之相同性質業務。
證券商兼營期貨業務者，其辦理受託買賣、自行買賣及結算交割業務部門之經理人，得由其辦理相同性質業務之證券部門經理人且符合第三條及第五條規定之資格條件者兼任。
第七項及前項規定，除其他法令另有規定者外，於金融機構兼營期貨業務者準用之。
期貨商業務員之兼任職務行為，期貨商應建立內部審核控管機制，以確保業務員本職及兼任職務之有效執行，並維持期貨商業務之正常運作，不得涉有利益衝突、違反期貨相關規定或內部控制制度情事，且應確保期貨交易人及股東權益。
但有下列情形之一，經本會核准者，不在此限：
一、期貨商未兼營其他事業並僅經營單一業務種類，且僅有單一營業據點。
二、期貨商將因合併或解散而消滅，且其董事長或總經理有辭職、解任或其他無法繼續執行職務之情形。
三、期貨商經本會撤銷營業許可，且其董事長或總經理有辭職、解任或其他無法繼續執行職務之情形。
四、其他特殊事由。
期貨商之業務員，不得兼任國內外其他期貨商任何職務。
但期貨商法令遵循人員、內部稽核人員、風險管理人員及主辦會計人員兼任國外期貨關係企業相同性質職務者，不在此限。
前項所稱關係企業，適用公司法關係企業章之規定。
期貨商受託買賣、自行買賣及結算交割部門之經理人不得互相兼任。
期貨商之下列業務員不得辦理登記範圍以外之業務或由其他業務員兼任，但其他法令另有規定者，從其規定：
一、辦理期貨交易自行買賣業務之人員。
二、內部稽核人員。
三、風險管理人員。
期貨商辦理受託買賣及執行期貨交易業務之人員，不得兼任期貨交易開戶、結算交割及主辦會計等職務。
證券商兼營期貨業務，其業務員如具有證券及期貨業務員資格者，於辦理登記範圍之開戶、受託買賣、自行買賣、結算交割、內部稽核、自行查核、法令遵循、風險管理及主辦會計業務時，得同時辦理證券及期貨之相同性質業務。
證券商兼營期貨業務者，其辦理受託買賣、自行買賣及結算交割業務部門之經理人，得由其辦理相同性質業務之證券部門經理人且符合第三條及第五條規定之資格條件者兼任。
第七項及前項規定，除其他法令另有規定者外，於金融機構兼營期貨業務者準用之。
期貨商業務員之兼任職務行為，期貨商應建立內部審核控管機制，以確保業務員本職及兼任職務之有效執行，並維持期貨商業務之正常運作，不得涉有利益衝突、違反期貨相關規定或內部控制制度情事，且應確保期貨交易人及股東權益。