I.    Punishment date: May 19, 2026
II.    Punished party: Capital Securities Corporation (hereinafter referred to as “Capital Securities”) and its salesperson XX, Huang.
III.    Legal basis for the punishment: Article 56 and Subparagraph 4, Paragraph 1, Article 178-1 of the Securities Exchange Act.
IV.    Facts and reasons for the violation: The salesperson XX, Huang, at the Zhongli Branch of Capital Securities, created a LINE group to engage in business attraction activities without submitting any application to the company and provided selling/purchasing targets, prices, and selling/purchasing opinions to customers to recommend and persuade them to engage in sales and purchases, which violates Subparagraph 14, Paragraph 2 and Paragraph 3, Article 18 of the Regulations Governing Responsible Persons and Associated Persons of Securities Firms. Capital Securities failed to duly implement its internal control system, which violates Paragraph 2, Article 2 of the Regulations Governing Securities Firms, Subparagraph 1, Article 37 of the Regulations Governing Securities Firms, and the application of Paragraph 1, Article 36 of the Regulations Governing Securities Firms under Paragraph 1, Article 14 of the Regulations Governing Securities Firms Accepting Orders to Trade Foreign Securities.
V.    Punishment results: According to Subparagraph 4, Paragraph 1, Article 178-1 of the Securities and Exchange Act, a fine of NT$600,000 is imposed on Capital Securities. Furthermore, according to Article 56 of the same Act, Capital Securities is ordered to suspend the business execution of salesperson XX, Huang for two months.

Contact Unit:    Division Chief Tseng, Securities Firms Division, Securities and Futures Bureau
Tel.: 2774-7401
For inquiries, please send an email to the opinion mailbox of the FSC.