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Article 41
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If a securities firm is in any of the following circumstances, the TPEx may suspend or terminate its operation of fund brokerage business:<br/>1. Failure to make supplementation or correction or to pay a penalty within a time limit set pursuant to the preceding Article.<br/>2. Misrepresentation or concealment in any information presented, sufficient to cause damage to the TPEx or others.<br/>3. Making of untrue records of trading or payment/receipt.<br/>4. Occurrence of a serious information security incident, where it affects the rights or interests of investors.<br/>5. Net worth lower than one-half of paid-in capital for 6 consecutive months.<br/>6. Upon application by the securities firm or as the TPEx otherwise deems necessary.<br/>A disposition under the preceding paragraph to suspend operation of fund brokerage business shall be filed with the competent authority for recordation. A disposition to terminate operation of fund brokerage business shall be submitted to the competent authority for approval.
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