Regulations Governing the Operation of Futures Introducing Broker Business by Securities Firms Article 29

The responsible person, manager, or associated person of a futures introducing broker engaging in or directly dealing with the duties referred to in paragraph 1 of Article 3 herein shall faithfully carry out duties in accordance with the principles of good faith and trustworthiness.In addition to conduct prohibited under Article 16 of the Regulations Governing Responsible Persons and Associated Persons of Futures Commission Merchants, the futures introducing broker and associated persons under the preceding paragraph may not engage in the following conduct:1. accept any funds from a futures trader;2. fail to handle futures introducing broker business in compliance with the order placed by or conditions set by a futures trader;3. accept any discretionary trading authorization of a futures trader;4. disclose any information of a futures trader; or5. engage in other acts in violation of laws and regulations governing futures trading or prohibited by the FSC.Other employees that are not associated persons likewise are prohibited from violating the provisions of the preceding two paragraphs, and additionally are prohibited from carrying out, or acting as a deputy for, the duties of an associated person.