Bangkok, May 30, 2014 ? The SEC is seeking public comment on revision of rules governing advertisement of all capital market products for more clarity and practicality. The revisions also address
practicality and fairness.The proposed revision would allow asset management companies a grace period for increasing the number of the unitholders of listed funds, including exchange traded funds and index funds
securities issuance together with proper supervision, considering the practicality relating to electronic securities such as transfer and delivery, registry, and the use as collateral and its enforceability
, underwriter will be required to seek client?s information sufficient to learn of client?s investment objective and understanding on the product. For the purpose of flexibility and practicality, underwriter is
efficiency and practicality for the industry. On the salesperson side, the focus will be to enhance quality by recategorizing sales licenses according to levels of risk and complexity of the products. The
addition, technologies and supporting measures will be given more weight to encourage value creation and competitiveness, and the rulemaking will give more emphasis to the practicality and cost-effectiveness
different types of securities offering, to improve clarity and practicality. The notification of the amended regulations has been published in the Government Gazette and will take effect as from 1 July 2023
practicality, securities underwriter is permitted to develop its own suitability test and may attach the test with securities subscription form to client in advance. Existing client who has done the suitability
securities holders and enhance practicality for business sectors which may have difficulties complying with the regulations,? said SEC Secretary-General Thirachai Phuvanatnaranubala. # # #
therefore proposed this revision by considering the aspects of appropriateness and practicality to promote better business standard and flexibility,? said Vorapol.