rendered a judgement in the Red Case No. Por. 5396/2562, wherein the defendant was required to pay (1) a civil penalty, 1.25 times the benefits that the defendant received or would have received from
Mr. Thawatchai Pittayasophon, Deputy Secretary-General, acting Secretary-General of the Securities and Exchange Commission (SEC), received the Royal Commemorative Pin of the Friends in Need (of “PA
benefits and long-term return. Mr. Malpass received profits from providing investment advisory service in the ordinary course of business. Thus, Mr. Malpass operated securities business as investment advisor
; - a compensation of the benefit received from committing the offense in an amount of 796,360.00 Baht - a civil monetary penalty of 915,814.00 Baht SEC Act
compensation of the benefit received from committing the offense in an amount of 1,279,375.00 Baht - a civil monetary penalty of 1,112,500.00 Baht
service providers for investors to choose from to ensure good quality services that meet their needs, which would subsequently contribute to the capital market development. The draft Ministerial
providing the SEC Fund Check tool, which was developed by the SEC, to enable the public to compare and choose suitable funds for their investments; (3) Service providers: Providing information on
alternative assets such as gold mutual funds and investment in derivatives other than hedging purpose, management companies may choose to control the permissible investment proportion at individual level. In
securities firms? accounts were used with intent to build up trustworthiness. The SEC thus warned investors to be cautious and choose services offered by the SEC-approved fund managers working for licensed