Standards Governing the Establishment of Futures Advisory Enterprises Article 16

When, after commencement of concurrent operation of a futures advisory enterprise by a SICE, the net worth per share given in the CPA audited and attested financial report to be submitted pursuant to the Rules Governing Administration of Securities Investment Consulting Enterprises is lower than the par value, such circumstance shall be remedied within a two-year period.When such circumstance has not been remedied at the end of the above period, the competent authority may revoke the approval for concurrent operation of futures advisory business.