Chapter IV Establishment of Rules of Use |
| Article 18 | A securities firm shall establish the rules of use and incorporate the same in its internal control and audit system prior to using the Services in its brokerage business, and shall comply with said rules.
The rules of use mentioned in the preceding paragraph may not be established for the exclusive benefit of specific persons, and attention shall be paid to their reasonableness.
A securities firm using the Services in its brokerage business may not act against regulations governing acceptance by securities firms to trade or information security.
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| Article 19 | The rules of use mentioned in the preceding article shall include the following:
- The qualifications of investors which may use the Services shall be prescribed, taking into account factors such as the securities firm’s scale of operation, customer structure, and customer contribution.
- Qualified investors shall be notified that they may apply for or use the Services, with a record kept.
- The list of investors eligible to use the Services shall be periodically reviewed at least on a biannual basis, with a record kept.
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| Article 20 | If a securities firm violates the preceding two articles in its brokerage business, the TWSE may suspend services and request the violation be rectified within a prescribed time limit, and may terminate the contract if no rectification is made within said time limit.
A securities firm having services suspended in accordance with the preceding paragraph may not seek resumption of services until after rectification of the deficiency is confirmed completed upon re-inspection.
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