Securities Investment Trust and Consulting Act Article 111
For any of the following offenses, a securities investment trust enterprise or securities investment consulting enterprise shall be fined an administrative fine of not less than NT$600,000 and not more than NT$3 million, and ordered to make corrections within a specified period; if it fails to make corrections within such period, administrative fines of two to five times that amount may be imposed for each instance of failure until such time as corrections have been made:1.operating business that has not been approved by the Competent Authority, in violation of Article 3, paragraph 4, or Article 4, paragraph 4.2.violating provisions of the regulations prescribed by the Competent Authority under Article 14, paragraph 1, Article 18, paragraph 1, or Article 56, paragraph 1, concerning investment or trading scope, methods, or restrictions.3.violating provisions of the regulations prescribed by the Competent Authority under Article 16, paragraph 4, concerning investment or trading scope or restrictions.4.violating Article 16-1, paragraph 1, Article 19, paragraph 1, Article 51, paragraph 1, or Article 59.5.violating provisions prescribed by the Competent Authority under Article 58, paragraph 2, concerning the investment target diversification rate.6.operating without a business license issued by the Competent Authority, in violation of Article 63, paragraph 1.7.violating applicable codes of conduct or restrictive or prohibitory provisions of the regulations prescribed by the Competent Authority under Article 69.8.violating applicable restrictive or prohibitory provisions of the regulations prescribed by the Competent Authority under Article 70.9.establishing a branch unit or relocating, or closing a company or branch unit without approval from the Competent Authority, in violation of the standards or regulations prescribed by the Competent Authority under Article 72, paragraph 1.
中文原文 證券投資信託及顧問法第111條
證券投資信託事業或證券投資顧問事業有下列情事之一者，處新臺幣六十萬元以上三百萬元以下罰鍰，並責令限期改善；屆期不改善者，得按次處二倍至五倍罰鍰至改善為止：
一、違反第三條第四項或第四條第四項規定，經營未經主管機關核准之業務。
二、違反主管機關依第十四條第一項、第十八條第一項或第五十六條第一項所定辦法有關投資、交易範圍、方式或限制之規定。
三、違反主管機關依第十六條第四項所定辦法有關投資、交易範圍或限制之規定。
四、違反第十六條之一第一項、第十九條第一項、第五十一條第一項或第五十九條規定。
五、違反主管機關依第五十八條第二項所定有關投資標的分散比率之規定。
六、違反第六十三條第一項規定，未經主管機關核發營業執照而營業。
七、違反主管機關依第六十九條所定規則有關行為規範或限制、禁止之規定。
八、違反主管機關依第七十條所定規則有關限制、禁止之規定。
九、違反主管機關依第七十二條第一項所定標準或規則之規定，未經主管機關核准而設立分支機構、遷移或裁撤公司或分支機構。
一、違反第三條第四項或第四條第四項規定，經營未經主管機關核准之業務。
二、違反主管機關依第十四條第一項、第十八條第一項或第五十六條第一項所定辦法有關投資、交易範圍、方式或限制之規定。
三、違反主管機關依第十六條第四項所定辦法有關投資、交易範圍或限制之規定。
四、違反第十六條之一第一項、第十九條第一項、第五十一條第一項或第五十九條規定。
五、違反主管機關依第五十八條第二項所定有關投資標的分散比率之規定。
六、違反第六十三條第一項規定，未經主管機關核發營業執照而營業。
七、違反主管機關依第六十九條所定規則有關行為規範或限制、禁止之規定。
八、違反主管機關依第七十條所定規則有關限制、禁止之規定。
九、違反主管機關依第七十二條第一項所定標準或規則之規定，未經主管機關核准而設立分支機構、遷移或裁撤公司或分支機構。