1.Date the fine was imposed: 13 August 2018
2.Recipient of the fine: E.SUN Securities Co., Ltd. (hereinafter " E.SUN Securities ") and its associated person Hsu (hereinafter " Hsu ").
3.Legal basis of the fine: Article 16, paragraph 2 of Regulations Governing Responsible Persons and Associated Persons of Futures Commission Merchants. Article 2, paragraph 2, and Article 55, subparagraph 19 of Regulations Governing Futures Commission Merchants.
4.Facts of the violation and reasons: E.SUN Securities engages in futures brokerage business with approval from the Financial Supervisory Commission (FSC). Its Songjiang Branch’s Associated Person Hsu used the company telephone to provide futures trading information to customers when performing entrusted trading business. The business conduct of Hsu is deemed as within the scope of the company’s authorization. All such facts were found to be in violation of futures regulations.
5.Resulting fine: An administrative fine of NT$240,000 was imposed on E.SUN Securities pursuant to Article 119, paragraph 1, subparagraph 2 of the Futures Trading Act and Article 101, paragraph 1 of the same Act. E.SUN Securities was further ordered to suspend Hsu from performing futures brokerage trading business for 3 months.