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Chapter Law Content

Title: Futures Trading Act CH
Category: Financial Supervisory Commission(金融監督管理委員會)
Chapter IV Futures Enterprises
Section II Leverage Transaction Merchants
Article 80
(Leverage Transaction Merchants)
Unless approved by the Competent Authority, a leverage transaction merchant shall not engage in futures transaction business.
A leverage transaction merchant shall be authorized and obtain a business license issued by the Competent Authority prior to the commencement of its business operation.
No branch of a leverage transaction merchant shall be established or commence operation without having been approved and issued a business license by the Competent Authority.
The rules regarding establishment criteria and governing regulations for leverage transactions shall be prescribed by the Competent Authority.
Article 81
(Provisions Applied Mutatis Mutandis)
The provisions of Article 17, Article 18, and Articles 57 to 78 shall apply mutatis mutandis to leverage transaction merchants.