Section 98 Securities and Exchange Act B.E. 2535 Section 98. No securities company shall: (1) reduce its capital without an approval from the SEC; (2) engage in any act which may mislead its
matters for consideration of approval as follows: Agenda item 1: Permission to use the Book-Closing Date for the payment of interest and/or the payment of any benefits as the Book-Closing
Approval for Undertaking of Derivatives Business
Approval of Auditors in the Capital Market
Application for Approval and Granting of Approval for Offering of Newly Issued Shares
Rules on Application for Approval and Granting of Approval to Undertake Trust Business
companies also appoint custodians approved by SEC to safely keep the assets of investors.However, SEC intends to amend the regulations to give permission for asset management companies with a custodian