• Font Size：
  • S
  • M
  • L

Relevant Laws

Title：Securities and Exchange Act (2023.06.28)
Article 16 (Types of Securities Firms)
    Anyone which operates any of the securities businesses specified in the preceding Article shall be a securities firm; securities firms may be categorized into:
  1. a "securities underwriter" operates the business specified in subparagraph 1 of the preceding Article.
  2. a "securities dealer" operates the business specified in subparagraph 2 of the preceding Article.
  3. a "securities broker" operates the business specified in subparagraph 3 of the preceding Article.
Article 177 (Penal Provisions)
    A person who violates Article 34, Article 40, Article 43-8, paragraph 1, Article 45, Article 46, Article 50, paragraph 2, Article 119, Article 150 or Article 165 shall be punished with imprisonment for not more than one year, detention, and/or a fine of not more than NT$1.2 million. A person who violates Article 40 or 150 as applied mutatis mutandis under Article 165-1 or 165-2, or Article 43-8, paragraph 1 as applied mutatis mutandis under Article 165-1, shall be punished under the preceding paragraph.