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Article 56
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If any director, supervisor, or employee of a securities firm is found to have committed any act that violates this Act or another related law or regulation, and if such violation is sufficient to affect the normal operation of the securities firm, the Competent Authority may at any time ordering the securities firm to suspend the execution of business by such person for not more than one year or discharge such person from their position and additionally may impose sanctions in accordance with Article 66 depending on the severity of the violation.
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