records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. In September 2021, the SEC

Businesses as well as foreign digital asset business operators because such engagements with unlicensed business operators are not legally protected and may be exposed to the risk of scams,” added Secretary

activities therewith may not be protected by the laws enforced by the SEC. In the case of the Facebook accounts, the SEC has instructed the accounts to end the solicitation on the social media platform. On a

the increase in stock price or index was not a key indicator of the capital market growth, while strong corporate governance (CG) of listed companies was found to be a key factor on well-protected

be covered the operating expenses, especially fixed expenses. As the result, the change in the profit of Q3–2020 was higher than the change in revenue. -2- Operating Results and Capabilities to Make

higher gross margin that can be covered the increased SG&A expenses. Operating Results and Capabilities to Make Profit Performance from revenues, costs and expenses which has significant impact in Q2-2020

171.6% and the increased rate in revenue is equal to 75.2% due to the very high revenue in Q2– 2021. Thus, it can be covered some of the selling and administrative expenses that were the fixed cost. In

and non-agricultural futures. The preparation of integration covered the products, exchanges, business operators and related personnel.   With respect to law reform, the proposals pushed by the SEC have

with both agricultural and non-agricultural futures. The preparation of integration covered the products, exchanges, business operators and related personnel.   With respect to law reform, the

ผู้ย่ืนค าขออนุญาต ให้ผูรั้บผิดชอบในการด าเนินการ (“CIS operator”) ซ่ึงได้แก่ บริษทัหลักทรัพย์จัดการกองทุน ฮ่องกง (Hong Kong Covered Management Company) หรือตัวแทนในประเทศไทยของ CIS operator (“local