100,000 baht to earn 5 percent return in six months and promised to repay the principal and generate the guaranteed returns gradually every 30 days until the investment contract expires. Such aforesaid

of 100,000 baht to earn 5 percent return in six months and promised to repay the principal and generate the guaranteed returns gradually every 30 days until the investment contract expires. Such

minimum 100,000 baht investment for 12 months to earn a high return of 15 percent per annum and promised to repay the principal and generate the guaranteed returns gradually every 30 days until the

had affixed signature on subscription orders, redemption orders and switch orders of investment units, in his position as investment consultant, without meeting with or giving advice to a client in

representativeness bias in performance presentation, investors might be subject to framing bias and loss aversion when interpreting the product values.  Loss aversion  Target/expected/guaranteed return at 8% in 8

per annum, with the promise that the company would repay the principal and generate the guaranteed returns gradually every 30 days until the investment contract expired. At the time of the inspection

the clients’ handwriting, subscription orders and switch orders or unitholders’ account books, causing damage to four clients at the total amount of 10.44 million baht. The SEC has considered that

into force since 3 March 2021. Additionally, the SEC has revised related regulations to allow the existing business operators to switch to License E or PF License in line with the business model they

interest guaranteed by the Ministry of Finance, and bills issued by the Bank of Thailand. For further details of this public hearing, please visit https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=961

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Office of the Securities and Exchange Commission No. Sor Nor. 87/2558 Re: Rules, Conditions, and Procedures for Management of Retail Funds, Mutual Funds for Accredited Investors, Mutual Funds for Institutional Funds, and Private Funds ______________________ By virtue of Clause 6, Clause 8, and Clause 9 of the Notification...