business; (5) mutual fund management business; 2 (6) private fund management business; (7) securities borrowing and lending business. Clause 4 In the case where a person having the following qualifications
Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the
Bangkok, March 21, 2013 ? The SEC informed all securities companies, asset management companies, financial advisors, and derivatives business operators in the capital market on the promulgation of
brokerage" means brokering or representing any person in the purchase, sale or exchange of securities in the normal course of business in consideration of a commission, fee or other remuneration therefrom
, the securities company shall notify the SEC Office in writing of such change of position or power of management of the said person in accordance with the form and procedure provided on the website of
person appointed by the management company to act as a mutual fund manager and it appears later that the information specified in Form 117-6 has changed, the management company shall prepare and submit a
application as per Form 117-6 attached to this Notification together with related documents. In the event that after the Office has granted an approval for such person appointed by the management company to act
been approved by and registered with the Office, whose main objective is to promote and develop securities businesses in the category of investment management; “Customer” means any person who authorizes