• Font Size:
  • S
  • M
  • L

Relevant Laws

Title:Securities and Exchange Act (2024.08.07)
Article 110 If any of its members commit the following acts, the membership stock exchange shall impose upon the member a monetary penalty and may warn, suspend or restrict such member from trading securities on the centralized securities exchange market or may expel the member:
1. Violation of a law or regulation or administrative disposition made pursuant thereto.
2. Violation of the articles of association, business rules, brokerage contract regulations, or other rules of the stock exchange.
3. Violation of the principles of integrity and good faith in trading, sufficient to cause damage to another.
The provisions of the preceding paragraph shall be prescribed in the articles of association.
Article 133 A company-type stock exchange shall specify in the contract that when there is any violation of Article 110 by a securities broker or a securities dealer that uses the centralized securities exchange market, it shall require the broker or dealer to pay a monetary penalty or suspend or restrict its trading rights or terminate the contract.