Regulations Governing Securities Firms Article 14-1

Law:: Regulations Governing Securities Firms
Chinese:: 證券商管理規則第14-1條

Where any of the following circumstances applies to a securities firm, the FSC may reject its filing to carry out a capital increase for cash or issue corporate bonds. However, this restriction shall not apply where the reason is a merger of the securities firm, or where concrete improvement has been made, and the improvement has been recognized by the FSC:1. It has been sanctioned by the FSC under Article 66, subparagraph 1 of the Act within the past 3 months.2. It has been sanctioned by the FSC under Article 66, subparagraph 2 of the Act within the past half year.3. It has been sanctioned by the FSC under Article 66, subparagraph 3 of the Act within the past 1 year.4. It has been sanctioned by the FSC under Article 66, subparagraph 4 of the Act within the past 2 years.5. It has been sanctioned by suspension or restriction of trading by the TWSE, the TPEx, or the Taiwan Futures Exchange (TAIFEX) pursuant to bylaws thereof within the past 1 year.Calculation of the periods in the subparagraphs of the preceding paragraph shall commence from the date of issuance of the sanction letter by the FSC, the TWSE, the TPEx, or the TAIFEX.

中文原文證券商管理規則第14-1條

證券商有下列情事之一者，本會得退回其辦理現金增資或募集公司債案件。
但因證券商合併或其情事已具體改善，並經本會認可者，不在此限：
一、最近三個月曾受本會依本法第六十六條第一款之處分。
二、最近半年曾受本會依本法第六十六條第二款之處分。
三、最近一年曾受本會依本法第六十六條第三款之處分。
四、最近二年曾受本會依本法第六十六條第四款之處分。
五、最近一年曾受證券交易所、證券櫃檯買賣中心、期貨交易所依其章則處以停止或限制買賣處分。
前項各款期間，自本會、證券交易所、證券櫃檯買賣中心或期貨交易所處分函發文之日起算。

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