(Oldest) DRAFT director of the derivatives exchange shall be vacated from his office upon: (1) possession of any prohibited characteristics under Section 61; (2) removal by the SEC due to gross incompetent
inside information, a contravention of Section 242(1) in conjunction with Section 243(2) or Section 244(3)(4), as the case may be, while the action of Ounruen was deemed a disclosure of inside information
As SEC has made an amendment to Section 185 of the Securities and Exchange Act, effective 17 April, the amended Section stipulates that SET-member securities companies are able to trade listed
to other out-of-control wallets without client’ instructions. That actions incurred losses to others and public in violation of Section 85 of Digital Asset Businesses Law. It also violated Section 87
and could not act on behalf of POLAR in any operation of the company.Later, the SEC was informed that a group of POLAR shareholders jointly exercised their rights under Section 100 of the Public
public. The said action was in contravention of Section 241 of the Securities and Exchange Act B.E. 2535 (1992) in conjunction with Section 86 of the Penal Code. The Southern Bangkok Criminal Court
affect POLAR investors and shareholders. In this regard, POLAR's failure to comply with the order of the SEC is liable to contravention of Section 58 (3) of the Securities and Exchange Act B.E. 2535 (1992
) TPIPL for disseminating information not included in the draft prospectus, in contravention of Section 77 and Section 239 of the Securities and Exchange Act B.E. 2535 (1992) (SEA). Later, Chienchuang
{X1} Company shares in his own securities trading account by using the aforementioned information learnt during his directorship in {X1} Company. {A} and {B}'s actions were in violation of Section 241