Both existing businesses that already operate a digital business before the legal enforcement or newcomers who are interested in obtaining licenses as trading centers, brokerage firms or traders
current circumstance, the issuer needs to rectify any illegal business activities in accordance with the board definition prior to obtaining an IPO approval. This could delay fundraising and consequently
the regulations on obtaining approval of the shareholders’ meeting and disclosure of material information and shall also comply with relevant regulations. Moreover, directors, executives and listed
agents. Without obtaining derivatives license from or being registered with the SEC, they advertised through various media channels including Facebook and solicited investing public to invest in gold in
conditions; payout of 5,000 baht a month until reaching 80 years of age or 10,000 baht a quarter until death, for instance. Retired members obtaining money from provident funds can continue their investment in
derivatives business without obtaining license or registration from the SEC, in violation of the Derivatives Act B.E. 2546 (2003), Section 16 and subject to sanctions under Section 125 of an imprisonment up to
SEC has received a tip from an investor that a Facebook account named “Japhoon” (meaning Catching Stocks) may operate business without obtaining a license from SEC. After further investigation of
capacities of an investment consultant and private fund manager without obtaining the necessary license. In this context, he sought public engagement regarding the value of securities and the suitability of
) Extending the time period for commencing the operation of the business from 180 days to 270 days from the date of obtaining the license. Under the proposed rule, the licensee could apply for an extension of
toward the date of obtaining the license, not have criminal records indicating commission of offense under the law controlling business operation of such person or any other law relating to financial