The SEC?s inspection found that clients of brokers in Had Yai had used non-financial institution loans for purchasing stocks, therefore required all brokers to closely monitor abnormal activities as
This is in response to news on a website stated that the Office of the Securities and Exchange Commission (SEC) will prohibit margin loans and net settlement for shares having turnover ratio of more
Maybank Kim Eng Securities (Thailand) PLC, Chonburi branch, for trading securities through clients' accounts for their own benefits and using non-financial institution loans. The SEC also suspended {E
rights, construct, purchase, provide, sell, dispose, rent lease, hire purchase, grant of hire purchase, borrow, lend accept pledge, accept mortgage, exchange, transfer, accept transfer, or take any action
relaxation, which primarily is the permission for a securities firm to lend to clients for repayment of their margin loans at another securities firm, is aimed to facilitate restructuring of securities
” means a sale of securities which must be borrowed for delivery; 2“client” means a person who enters into an agreement to borrow money from a securities company for purchasing securities, or a person who
Office; “margin account” means an account which keep records of loans to customers for the purpose of purchasing securities or the loan of securities to customers in order to complete sales; “Stock
that can be sold and/or redeemed on business days, and d) cash received from short selling transactions; (3) The total indebtedness of any securities company due to issuance of loans to any retail