Regulations Governing the Operation of Securities Introducing Broker Business by Futures Commission Merchants Article 18
Under any of the following circumstances, the competent authority may deny approval to an application by a futures commission merchant to operate securities introducing broker business:1.The content or information in the application documents is found to contain a misrepresentation.2.The business plan or the internal control system is not concrete enough or cannot be effectively executed.3.Business operations have not been effectively carried out in accordance with internal control systems.4.Any of the circumstances of Article 53 of the SEA applies with respect to a director, supervisor, or a managerial officer that conducts the securities introducing broker business.5.When otherwise deemed necessary to protect the public interest.
中文原文 期貨商經營證券交易輔助業務管理規則第18條
期貨商經營證券交易輔助業務之申請案件有下列情形之一者，主管機關得不予許可：
一、申請書件內容或事項經發現有虛偽不實之情事。
二、營業計畫書或內部控制制度內容欠具體或無法有效執行。
三、業務經營未依內部控制制度有效執行。
四、董事、監察人或辦理證券交易輔助業務之經理人有本法第五十三條規定情事。
五、其他為保護公益，認有必要。
一、申請書件內容或事項經發現有虛偽不實之情事。
二、營業計畫書或內部控制制度內容欠具體或無法有效執行。
三、業務經營未依內部控制制度有效執行。
四、董事、監察人或辦理證券交易輔助業務之經理人有本法第五十三條規定情事。
五、其他為保護公益，認有必要。