Essentially, the new rules allow securities brokers and derivatives agents to provide two types of trading services of capital market products that respond to investors’ demands more efficiently, namely (1) program trading service that automates trading order execution according to clients’ selected investment strategy* and (2) portfolio advisory with execution service.** Both of the services are exempted from the securities business license in the category of private fund management and...

SEC Secretary-General Ruenvadee Suwanmongkol announced that SEC has issued a measure allowing asset management companies to borrow money or enter into a repurchase transaction agreement to better manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30 percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as...

The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost  work systems while the approval process is underway. Pursuant to the amended rules, the approval process is now divided into two steps, namely: (1) examining the qualifications and appropriateness of the required work systems according to the application supporting documents within 90 days from the date of filing the application with SEC, and (2) inspecti...

capital increase of 1,076.51 million baht (from the existing 358.84 million baht to reach the new amount of 1,435.35 million baht) by issuing additional 21,530,245,323 shares at the price of 0.05 baht per

enhance financial knowledge and foster the development of financial skills within the educational system. The MOU also seeks to improve financial literacy among teacher trainees, teachers, school

Bangkok, January 8, 2010 ? The SEC has officially launched the Change Program, a major initiative to improve its organizational efficiency and Thai capital market competitiveness in the global arena. Paralee Sukonthaman, Head of the Change Management Task Force, said that the Change Program aims for improvement in three major areas of SEC responsibility: regulatory reform; work process; and staff mindset and efficiency. ?We are not just keeping pace with global changes; we are enhancing market p...

Bangkok, January 8, 2010 ? The SEC has officially launched the Change Program, a major initiative to improve its organizational efficiency and Thai capital market competitiveness in the global arena.  Paralee Sukonthaman, Head of the Change Management Task Force, said that the Change Program aims for improvement in three major areas of SEC responsibility: regulatory reform; work process; and staff mindset and efficiency. ?We are not just keeping pace with global changes; we are enhancing potenti...

transactions.Vorapol Socatiyanurak, SEC Secretary-General said that ?The SEC has initiated a wide range of activities to enhance AGM quality. This year, we have encouraged the right protection volunteers to perform

bond does not specify a redemption period and thus may require that investors hold such bond longer than general debt securities.    Additionally, SEC aims to enhance the efficiency of the sale process

in case of complaints or issues on misconduct of directors or executives of listed companies under the Securities and Exchange Act B.E. 2535 (1992) to enhance flexibility of work process and