issuers.Moreover, considering the potential of banks and their subsidiaries to provide selling agent services for ASEAN CIS, the SEC has coordinated with the Bank of Thailand to allow the banks licensed to undertake

back office possessing  important information of funds and customers will  be allowed to outsource only to the business operators? subsidiaries or financial institutions.   Outsourcing to other licensed

markets of the World Federation of Exchanges (WFE) whereas the eligible funds must be established and managed by securities firms licensed by member regulators of the International Organization of

licensed to operate securities business in accordance with the Securities and Exchange Act of 1992. Their actions are in violation of Section 90 and liable to the penalties under Section 289, i.e

funds from overseas to make investment based on his advice for the sake of tax benefits and long-term return. The investors followed his advice but suffered loss.? Mr. Malpass was not licensed to operate

not hesitate to call our Investment Scam Hotline 1207 ext. 22.”Suspicious investment solicitations can be reported at www.sec.or.th/scamalert or e-mail: scamalert@sec.or.th. The lists of licensed

, conditions and procedures for brokerage and dealing in foreign securities issued under the law on securities and exchange; (2)1 “derivatives broker” means entity licensed to undertake derivatives business in

B.E. 2546   18 03/07/2003 06/01/2004 2. Notification of the Securities and Exchange Commission  KorThor. 26/2560 Determination of Paid-Up Registered Capital of Licensed Operators to Undertake

usually represented themselves as agents of foreign derivatives brokers licensed by foreign regulators and thus required no authorization from the SEC.   Falling into the trap by transferring money to these

.: _________________________ 15) Is the CIS Operator currently licensed or authorised to conduct fund management in the jurisdiction of its principal place of business? Yes No If “No”, please specify