an annual consulting fee.  In the case of website: www.iqoption.com, which is a foreign juristic person without local contact information, investors are solicited to invest in derivatives in the form

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

minority shareholder protection. This can lead to stronger confidence of both Thai and foreign investors in the capital market,” added SEC Secretary-General.  Doing Business Report consists of 10 assessment

Section 90 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) which states that no person shall undertake securities business without license. Violator of Section 90 is subject to penalties under

case and found that the aforesaid persons jointly operated securities business without a license in violation of Section 90 of the Securities and Exchange Act B.E. 2535 (SEA). The said actions were

assets in the capital maintenance reports;  (2) had concealed business control power and lacked good corporate governance by allowing the person, who was neither a company’s director, executive, nor staff

within the specified time.  The aforementioned activities of {X1} is liable to operating digital asset business in the category of digital asset exchange without license, which is a violation of, or

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

provided services or presented itself to the public that it was ready to provide the digital asset exchange service in the ordinary course of business outside the digital asset exchange. Additionally

allocated assets prior to others. These customers must not be individuals with a relationship to the derivatives broker in such manners as director, executive, major shareholder and controlling person of