Bangkok, December 22, 2014 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against Yuttana Lipirodkul for operating unlicensed securities and derivatives businesses. Vasant Thienhom, SEC Deputy Secretary-General, said that ?Following suspicious report, the SEC probed into the case and found that Yuttana held himself out as money manager and managed money for others by seeking benefits from investment in derivatives. He advertised and so...
Bangkok, November 30, 2011 - Following the investigation on {X1} Co., Ltd. in response to the evidences indicated that the company had operated unlicensed derivatives business, the SEC found that during July 2009 until now, {X1} Co., Ltd. has falsely represented to the general public by advertising the company on the webboard relating to investment and on the website as gold futures trading agent for the company in Hong Kong SAR, who provides services of gold futures contracts trading. The comp...
Bangkok, 1 December 2017 ? The SEC is giving more focus to the regulation-for-growth approach to meet the demands of the public and all sectors of market participants more appropriately.Mrs. Waratchya Srimachand, SEC Senior Assistant Secretary-General, said: ?The capital market is undergoing significant changes, for example, technological disruption, wider linkage of global financial markets, increasing competition, change of behavioural patterns, and changing demands of fundraisers, business op...
Under SEC’s proposed disclosure requirements, funds that invest in leasehold rights of real estates or in future revenue sharing contracts of infrastructure projects (leasehold funds) are required
Previously, the SEC conducted a public hearing on the proposed principles for amending capital rules for digital asset operators, including capital requirements for securities and derivatives
Based on information provided by a whistleblower and the SEC’s further investigation, it has been revealed that Morakot has displayed behaviors indicative of conducting securities business in the capacities of an investment consultant and private fund manager without obtaining the necessary license. In this context, he sought public engagement regarding the value of securities and the suitability of investments associated with securities, as well as the management of individuals' investme...
According to a referral from the Stock Exchange of Thailand (SET) and the SEC’s further examination, there was evidence that 13 persons, namely: (1) Mr. Suraphong Triamchanchai, (2) Nippon Pack (Thailand) Public Company Limited (currently renamed as Global Consumer Public Company Limited (NPP)), (3) Ms. Tipparat Sakornsuksriruek, (4) Ms. Rinnapa Kunawatsatit, (5) Mr. Wattana Swatthong, (6) Mr. Danuj Bunnag, (7) Mr. Praphol Milindachinla, (8) Mrs. Kingkarn Smitananda, (9) P-SAT Corporation Co., L...