sufficient information to make an informed investment decision. Clause 21 Provided that one of the following conditions applies, the Office may opt to exempt the application of any rules under this
person who is approved by the SEC Office under this Notification shall be exempted from being regarded as securities business in the following categories during the period of such regulatory sandbox, but
shall be exempted from being regarded as derivatives business in the following categories during the period of such regulatory sandbox , but only within the units or departments providing services under
for foreign investors or the exempted person under Section 103(7) or (8)(b) or (c) of the Securities and Exchange Act B.E. 2535 (1992). Clause 4. An executive of any securities company shall not possess
applicant shall pay for the license fee on the date of receiving the license. Clause 9 The fees specified under Clause 8 shall be exempted in the case where the applicant is a juristic person specified under
exempted from the duty to comply with the Notification of the Securities and Exchange Commission re: Maintenance of Financial Condition of Licensed Derivatives Broker . The SEC Office is empowered to require
restrictions and other relevant matters have been already clearly specified in details of the scheme, the derivatives fund manager shall be exempted from compliance with the first paragraph if the mutual fund
derivatives broker would be exempted from complying with clause 3 and clause 4 since such position has been transferred. Clause 8 All notifications of the SEC Office, directives and circulars issued under or
securities, such licensee shall be exempted from the minimum fees under Clause 6 for undertaking such securities businesses and the fees specified under Clause 7, Clause 8, and Clause 9, but shall pay the fee
. In addition, such hybrid securities shall have one of the following characteristics: 1. hybrid securities issuer having the rights to postpone or exempt debt payment, or the rights to postpone or