on suspicious unlicensed activities indicating that the aforesaid operators engaged in the business of managing funds for others or holding themselves out as derivatives fund manager and private fund
operation against corruption. Also, the SEC asked securities and asset management companies to adopt the Indicator as an investment factor for their proprietary trading and investment of mutual funds under
, without derivatives fund management license, had jointly managed funds for others for profits from derivatives investment. In so doing, they solicited and invited persons who wanted to invest in
also colluded to act dishonestly in selling NUSA condominium units in Bangkok at a price lower than the appraised price and transferring funds out of NUSA into personal accounts and those of close
capital market products , financial instruments or other specified assets; (5) providing analysis, advice or planning of investment for clients. Clause 5 Personnel in the capital market business performing