1.     Date of sanction: February 26, 2025
2.     Object of sanction: E.SUN Securities Co., Ltd. (hereinafter referred to as E.SUN Securities)
3.     Legal basis for the sanction: Subparagraph 4, paragraph 1, Article 178-1 of the Securities and Exchange Act, and paragraph 2, Article 2 of the Regulations Governing Securities Firms.
4.     Facts of violation: The Financial Examination Bureau of the Commission conducted a general business inspection on E.SUN Securities from March 14 to 29, 2024, and found that E.SUN Securities failed to conduct its no-use-restriction loan business for customers providing high-risk stocks as collateral in accordance with the prescribed regulations, failed to disclose the investment risks of foreign securities with credit ratings below BBB when entrusted to purchase such securities, failed to properly verify the names of related persons of customers, and failed to destroy the data related to customers' ETF IPO subscriptions within the prescribed sealing period. These indicate that E.SUN Securities failed to implemented its internal control system, and is verified to have violated paragraph 2, Article 2 of the Regulations Governing Securities Firms.
5.     Sanction imposed: A fine of NT$300,000 is imposed on E.SUN Securities in accordance with subparagraph 4, paragraph 1, Article 178-1 of the Securities and Exchange Act.

Contact unit: Section Chief Weng, Securities Firms Division, Securities and Futures Bureau
Tel: (02)2774-7112
If you have any questions, please write to mail