The Securities and Exchange Commission (SEC), with the reports from the Krungthai Bank PLC and the SEC’s further investigation, found that in November 2021 Saowarat had misappropriated her client assets, redeeming the mutual fund units without client consent in the following manner, causing damage to the client, who had completely compensated, in the amount totaling 1,027,000 baht: 1. Using the client’s identification card left with her to verify the identity, the password of th...
Following investors’ complaints and SEC’s further investigation, it was found that during 2013 – early 2015, a group of persons opened a learning course on the topic of technical analysis and gave advice on derivatives investment without approval through many channels such as website, YouTube, email, phone, SMS and Line application. {A} and {B}, then investment consultants at KGI, cooperated with the group of persons above in opening trading accounts for investors to make derivatives inves...
Bangkok, 3 August 2023 – SEC has ordered a revocation of an investment consultant approval on Mr. Teerasak Tipboonsri for 10 years for failure to perform duties with loyalty, misappropriating client assets for personal gains by having his clients transferred payment for subscription of mutual fund investment units as well as their deposits into his own account. At the time of his wrongdoing, he was employed by the Kiatnakin Phatra Bank Public Company Limited. The Securities and Exchange C...
Economic Crime Suppression Division (ECSD) on the ground of performing duties dishonestly when he failed to disclose IFEC default on its bills of exchange. In addition, the SEC has instructed IFEC directors
. Suphan Sethapanich from as acting as personnel in the capital market business and performing duties as the managing director and the chairman of the Investment Committee for a period of three years and
, digital wallets connected to the internet when conducting transactions only, in the proportion specified in the notification of the SEC. DAB Act S.30 and 31 Settlement Committee Meeting No. 6/2024
assets in its cold wallets, digital wallets connected to the internet when conducting transactions only, in the proportion specified in the notification of the SEC. DAB Act S.30 and 31 Settlement
connected to the internet when conducting transactions only, in the proportion specified in the notification of the SEC. DAB Act S.30 and 31 Settlement Committee Meeting No. 10/2024 Settlement Committee
the notification of the SEC for 4 days. In this regard, BO did not keep the assets in its cold wallets, digital wallets connected to the internet when conducting transactions only, in the proportion
wallets connected to the internet when conducting transactions only, in the proportion specified in the notification of the SEC. This case is under consideration of the public prosecutor. DAB Act S.30