Bangkok, 3 August 2023 – SEC has ordered a revocation of an investment consultant approval on Mr. Teerasak Tipboonsri for 10 years for failure to perform duties with loyalty, misappropriating client assets for personal gains by having his clients transferred payment for subscription of mutual fund investment units as well as their deposits into his own account. At the time of his wrongdoing, he was employed by the Kiatnakin Phatra Bank Public Company Limited. The Securities and Exchange C...
Bangkok, May 7, 2014 - The SEC revoked an approval of {A}, an investment consultant of Bualuang Securities Plc. for two years on account of trading derivatives through client's account for his own benefit.Following a report of Bualuang Securities Plc., on {A} case the SEC probed into the case and found that he used computer with Bualuang Securities' IP Address to submit the trading orders via client's internet derivatives trading account. {A} admitted that he asked for internet trading account's...
Following an inspection report from ttb Bank and the SEC’s further investigation, it was found that during the years 2015 – 2024 Sareerat acted in a manner that implied dishonesty and committed wrongdoing against a client’s assets by (1) using the client’s credit card to withdraw cash and spending the money for her own personal use, (2) replacing the client’s banking account contact information (mobile number and email address) with her own information to register for the bank’s internet...
According to the findings of SEC inspection on the operation of SKFM whose main business is private fund management, in 2018 Mr. King, CEO and fund manager of the company at the time, acted in the following manners: (1) funneling damage incurred from investment among the clients of private funds by making cross-trade transactions of shares under trading suspension (SP) sign on a continual basis from 2015 to 2017; (2) managing private funds without taking the cli...
to the Office within thirty days from the date on which the resolution is passed. Clause 6. In case that the Bank of Thailand revokes or cancels the approval for any auditor of the finance and
date on which the resolution is passed. Clause 6. In case that the Bank of Thailand revokes or cancels the approval for any auditor of the finance and securities company, it shall be deemed that the
and entitled to vote or the Company cancels the EGM on January 18, 2018. - The Company does not receive approval from the SEC for the issuance and offering of ordinary shares to Private Placement
cancels the EGM on January 18, 2018. - The Company does not receive approval from the SEC for the issuance and offering of ordinary shares to Private Placement investors. The Company and VAVA is no