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The revocation of E.SUN Securities’ license by the Taipei Exchange has serious implications for the company's operations. Regulatory licenses are essential for ensuring that a broker or financial institution adheres to industry standards, maintains transparency, and offers customer protection. When a license is revoked, it usually means that the company has failed to comply with specific regulatory requirements, which could include financial mismanagement, lack of transparency, or failure to meet the necessary capital reserves. For investors, the revocation signifies that the broker is no longer subject to regulatory scrutiny, which can increase the risk of fraudulent practices or other financial irregularities. Without the supervision of a regulatory body, customers have no assurance that their funds are being handled appropriately or that they will have recourse in the event of disputes. Personally, this revocation makes me cautious about trading or investing with E.SUN Securities, as the lack of regulatory oversight can expose me to unnecessary risks. When choosing a broker, it is critical to ensure that they are regulated, as this provides a level of protection against financial mismanagement and fraud.