Bangkok, May 30, 2014 ? The SEC is seeking public comment on revision of rules governing advertisement of all capital market products for more clarity and practicality. The revisions also address
practicality and fairness.The proposed revision would allow asset management companies a grace period for increasing the number of the unitholders of listed funds, including exchange traded funds and index funds
Notification. “critical function” means any activities related to services, transactions or any other functions of an intermediary, the disruption of which would significantly affect customers, business
strategies for the development and promotion of duties and self-discipline within securities companies – a critical responsibility for everyone, including the board and management, customer service, risk
securities issuance together with proper supervision, considering the practicality relating to electronic securities such as transfer and delivery, registry, and the use as collateral and its enforceability
, underwriter will be required to seek client?s information sufficient to learn of client?s investment objective and understanding on the product. For the purpose of flexibility and practicality, underwriter is
efficiency and practicality for the industry. On the salesperson side, the focus will be to enhance quality by recategorizing sales licenses according to levels of risk and complexity of the products. The
Notification. “ critical function ” means any activities related to services, transactions or any other functions of an intermediary, the disruption of which would significantly affect customers, business
addition, technologies and supporting measures will be given more weight to encourage value creation and competitiveness, and the rulemaking will give more emphasis to the practicality and cost-effectiveness