Bangkok, June 8, 2012 - The SEC publicly disclosed inappropriate behavior of three investment consultants, namely, {A}, {B}, and {C}, for not taping clients' securities and derivatives trading orders.{A} case was referred from the Stock Exchange of Thailand for the SEC's further investigation while cases of {B} and {C} were detected by the SEC's routine inspection. The SEC found from the probe that they incompletely recorded client's securities or derivatives trading orders due to their receipt...
Bangkok, January 14, 2013 ? The SEC revealed four key strategies, highlighting six initiatives to be launched in 2013. Its strategic direction includes: reaching out in response to the needs of businesses and investors, preparing a set of common offering rules classified by risk and complexity levels of products to boost flexibility in offering new products and services, and introducing a new investment supermarket license to provide an opportunity to the investing public to have more accessibil...
In November 2019, SEC engaged the Thailand Development Research Institute (TDRI) to conduct a study on laws pertaining to the supervision of audit firms and auditors in foreign capital markets for supporting amendment of the Securities and Exchange Act B.E. 2535 (Securities and Exchange Act) to allow more effective and efficient supervision of audit firms and auditors in Thai capital market.SEC Secretary-General Ruenvadee Suwanmongkol said: “This is the first time SEC contracts an independ...
In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect since 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within 90 days (within 14 August 2018) to continue their business until an order to discontinue their businesses is given. Earlier, SEC disclosed the names of seven digital asset business operators asking for the digital asset operating licenses.SEC examined information of Southeast Asia Digital Excha...
Bangkok, April 10, 2015 - The SEC summarized the development and supervision on the capital market from late 2011 to early 2015 with achievements in lifting up the Thai capital market to match the international standards, enhancing trustworthiness with up-to-date supervisory and preventive measures, promoting the capital market to become the fundraising channel for all businesses and important investment destination of the region. Vorapol Socatiyanurak, SEC Secretary-General said that ?During Oc...
Bangkok, March 25, 2014 ? SEC Secretary-General Vorapol Socatiyanurak emphasized importance of listed companies? Annual General Meeting of Shareholders (AGM), an event set up every year during March?April. AGM serves as a venue of shareholders to exercise their rights to vote and ask for clarification in management related issues from companies? directors, executives and auditor. Vorapol said that ?the SEC introduces ?Guidelines for shareholders? meeting?, a handbook written to provide guideline...
Bangkok, April 10, 2015 - The SEC summarized the development and supervision on the capital market from late 2011 to early 2015 with achievements in lifting up the Thai capital market to match the international standards, enhancing trustworthiness with up-to-date supervisory and preventive measures, promoting the capital market to become the fundraising channel for all businesses and important investment destination of the region. Vorapol Socatiyanurak, SEC Secretary-General said that ?During...
Bangkok, May 12, 2014 - The SEC disclosed an inappropriate behavior to the general public and suspend approval of {A}, a former securities investment consultant of UOB Kay Hian Securities (Thailand) Plc., for not recording the securities trading orders and inappropriate submission of trading order form (F8). From a routine inspection of UOB Kay Hian Securities (Thailand) Plc, the SEC found that {A} did not record a number of client's securities trading orders. Certain records found in the course...
Bangkok, October 9, 2014 - The SEC disclosed inappropriate behavior and suspended four securities investment consultants, then employees of Globlex Securities Company Limited, namely {A}, {B}, and {C} and a capital market investment consultant, namely {D}.Following the report and further probed into the case by Globlex Securities Company Limited, it was found during the first investigation that {A} and {B}, two securities investment consultants, and {D}, a capital market investment consultant, f...
Bangkok, March 24, 2015 - The SEC disclosed an inappropriate behavior and imposed a suspension on {A}, a former employee of KGI (Thailand) Securities Plc., for failure to completely record client?s trading orders, trading securities on behalf of client and making trading decisions for benefit of client without the client?s orders.Following a complaint against {A} lodged by a client of KGI Securities (Thailand) Plc, the SEC probed into the case and found that {A} had traded the securities on the...