| Article 9 |
After completion of corporate registration, a securities firm shall lodge an operation bond with a bank designated by the FSC as follows:<br/>1. A securities underwriter: NT$40 million.<br/>2. A securities dealer: NT$10 million.<br/>3. A securities broker: NT$50 million. However, if the securities broker operates only the following business, the bond shall be NT$10 million:<br/>A. Operates only equity crowdfunding business.<br/>B. Operates only brokerage business for trading and exchanging beneficial certificates of funds.<br/>4. Operators of two or more types of securities business: aggregate of the amounts as referred to in the preceding three subparagraphs according to the types of business being engaged in.<br/>5. Branch office: additional NT$5 million for each branch.<br/>The operation bond referred to in the preceding paragraph shall be paid in cash, government bond, or financial bond. |
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