Taiwan Stock Exchange - Rules & Regulations Directory


Operating Rules of the Taiwan Stock Exchange Corporation(2003.05.05)

Article 19
 The registration of the personnel of securities firms shall lose its effectiveness if the securities firm discharges or changes his position.
 Where the Competent Authority orders the discharge of registered personnel of securities firms, or the responsible person or associated person of securities firms falls within any of the categories under Paragraph 3 of Article 12 of the Rules Governing Responsible Persons and Associated Persons of Securities Firms, this Corporation shall cancel their registration.
When any amendment is made to the registered personnel of a securities firm, the securities firm shall not be relieved of liability for such personnel's behavior until registration of the amendment is completed.
When a securities firm receives permission for termination of the Market Usage Contract it has entered into, all of its personnel registered with this Corporation shall ipso facto lose their registered status.

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory