Securities and Exchange Act Article 92

If any director or supervisor of a securities association violates a law or regulation, is negligent in implementing the articles of association or bylaws, misuses their authority, or acts against the principles of integrity and good faith, the Competent Authority may issue a reprimand or order the securities association to discharge such director or supervisor.
中文原文 證券交易法第92條
證券商同業公會之理事、監事有違反法令怠於實施該會章程、規則,濫用職權,或違背誠實信用原則之行為者,主管機關得予糾正,或命令證券商同業公會予以解任。

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