less than 7% of general liabilities and clients? margin for derivatives transactions. Margin Requirements: Derivatives agents must clearly determine (1) open position limit for each client, and (2) rate
investment limit per company of 25% of NAV, etc. Has deadline for submitting a fund establishment application to the SEC within 6 months, starting January 26, 2005 Be registered as a mutual fund within 6
from the clients? trading accounts, using a client?s account for securities trading of another client to avoid exceeding credit limit, and making unauthorized trading decisions without clients? orders
limit. Share issuers must disclose such information sufficiently and publicly. As to more complicated corporate governance aspects and information that is less accessible and difficult for investors to
for the clients trading securities under cash balance rule or those transferring high volume of securities into their accounts to increase their credit limit and later transferring such securities out
funds for accredited investors (AIs) investing in securities listed on the exchanges in the Greater Mekong Sub-region (GMS) and mutual fund without derivatives investment limit. The SEC also urged the
said criteria will be announced.Vorapol Socatiyanurak, SEC Secretary-General said, ?Under the revised criteria, all shares having high turnover ratio will be listed on the Turnover List as the limit of
. 2535 (1992) and the Derivatives Act B.E. 2546 (2003) do not keep pace with these rapidly changing environments which may unintentionally limit the area that business operators can make use of
increase or decrease of credit limit suitable for clients’ repayment ability, and updating clients’ information and reviewing each client’s credit limit at least once a year; (3) appointing a committee to