1.Date the fine was imposed: 27 April, 2018. 

2.Recipient of the fine: Concord Futures Corp. (hereinafter "Concord Futures").

3.Legal basis of the fine: Article 5, paragraph 2, Article 9 and Article 25, paragraph 1 of the Regulations Governing Futures Advisory Enterprises.

4.Facts of the violation and reasons: Concord Futures has been approved by FSC to engage in the futures advisory business. However, one of its responsible persons have been found to be engaged in the futures advisory business without prior registration. Such fact has violated the laws and regulations governing futures business.

5.Resulting fine: An administrative fine of NT$120,000 was imposed on Concord Futures pursuant to Article 119, paragraph 1, subparagraph 2 of the Futures Trading Act.