1.Date the fine was imposed: 13 November, 2020. 

2.Recipient of the fine: Capital Futures Corp. (hereinafter " Capital Futures") and its associated person Chou (hereinafter " Chou").

3.Legal basis of the fine: Article 2, paragraph 2 , Article 55, subparagraph 19 and 23 of the Regulations Governing Futures Commission Merchants. Article 16, paragraph 2 of the Regulations Governing Responsible Persons and Associated Persons of Futures Commission Merchants.

4.Facts of the violation and reasons: The advertising materials regarding the book giveaway for account opening posted by Chou, a salesperson of Capital Futures, was not duly filed in accordance with the regulations; in addition, Chou provided traders with trading advice in Line and Facebook Groups. Capital Futures failed to properly supervise and manage its salesperson, and did not implement the company''s internal control regulations. Both Capital Futures and Chou have violated futures management laws and regulations.

5.Resulting fine: An administrative fine of NT$240,000 was imposed on Capital Futures pursuant to Article 119, paragraph 1, subparagraph 2 of the Futures Trading Act; pursuant to Article 101, paragraph 1 of the same Act, Chou is suspended from performing futures trading business for 2 months.