Securities and Exchange Act Article 117
In the event that the Competent Authority finds that any director or supervisor of the stock exchange was improperly elected or any director, supervisor, or managerial officer has violated any law or regulation, the articles of association, or an administrative disposition issued pursuant to law or regulation, the Competent Authority may notify the stock exchange to discharge such persons.
中文原文 證券交易法第117條
主管機關發現證券交易所之董事、監事之當選有不正當之情事者，或董事、監事、經理人有違反法令、章程或本於法令之行政處分時，得通知該證券交易所令其解任。