Bangkok, February 15, 2012 ? The SEC has revoked approval for Maris Tarab and Burim Chombhubol as fund manager and prohibited them from re-entering the industry for 10 years, starting from February 14, 2012. The sanctions followed the SEC findings that the said persons mismanaged T.U. Dome Residential Complex Property Fund (T.U. Dome) severely, causing substantial damage to the fund and the unitholders. Maris and Burim, who were T.U. Dome fund managers during 2006-2009 and 2008-2009 respectivel...
The ASEAN CIS Framework is an initiative under the regional capital markets integration plan endorsed by the ASEAN Finance Ministers in 2009 to facilitate cross-border product access and fund distribution for investors and issuers respectively. The framework enables fund managers operating in a member jurisdiction to offer a CIS constituted and authorised in that jurisdiction to retail investors in other member jurisdictions under a streamlined authorisation process. The Supplemental MoU t...
-related tokens as eligible assets. Subsequently, the SEC Board Meeting No. 1/2567 approved the proposed regulations regarding the offering of sustainability-related tokens to be on par with the regulations
Earlier, the SEC Board passed a resolution approving the proposed amendments to the regulatory framework for utility tokens that are ready to use, ensuring that the regulations align with the
promote fundraising and investment in investment tokens and to support interested securities business operators in providing services related to the said products. This in turn would increase access
Following the tips from various sources to SEC, there have been solicitations for investment in securities and/or product that may be liable to be digital asset (called by many names such as coin, token or digital coin) referred along with the name “thaiangelinvest” via company’s website and social media platforms such as Facebook and YouTube. Thai Angel Investor Consultant Company Limited has neither been in SEC list of approved issuer nor submitted an application for approval to offer n...
needed for its business model. This approach could support future entry of all types of securities businesses and increase the number of intermediaries who could render more convenient services to
Currently, the SEC regulations related to the advertising of ICO portals and ICO issuers require warning statements on investment risks for digital tokens. However, there are still advertisements
related to utility tokens or cryptocurrencies that have any of the following characteristics: (1) Meme token: having no clear objective or substance or underlying, and whose price running on social