Standards Governing the Establishment of Securities Investment Consulting Enterprises Article 30

A SITE may apply to concurrently operate the securities investment consulting business set out in Article 4, paragraph 3, subparagraph 1 of the SITC Act.A SITE applying to concurrently operate securities investment consulting business shall allocate a sufficient number of competent managerial officers and associated persons to meet its management needs in light of business size, operating conditions, and internal controls, who shall meet the qualification requirements set out in the Regulations Governing Responsible Persons and Associated Persons of Securities Investment Consulting Enterprises.The provisions of Articles 11 to 13 shall apply mutatis mutandis with respect to the SITE concurrently operating securities investment consulting business.The SITE may simultaneously apply for a branch unit to conduct securities investment consulting business.