, including accepting an authorization from investors to trade or make investment decisions on their behalf are deemed to be misfeasance against the SEC?s Rules of Conduct. The SEC has repeatedly emphasized
(2003), any person undertaking derivatives business without obtaining proper authorization from the SEC in contravention of Section 16 of the Act shall be criminally liable under Section 125 of the Act
. According to the Derivatives Act B.E. 2546 (2003), any person undertaking derivatives business without obtaining proper authorization from the SEC is in violation of Section 16 of the Act. In addition, the
retail players. Besides, from investigating into their bank accounts, information on opening brokers? accounts coupled with authorization of trading execution, no connection between those players was found
} assured his colleague that it was the client’s decision. Therefore, the transaction had been executed. However, when the authorization documents were brought to the client for signature, the client
43 and Section 45 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Office of the Securities and Exchange Commission hereby issues the following regulations: Clause 1 In
, Section 34, Section 36, Section 41, Section 43 and Section 45 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Office of the Securities and Exchange Commission hereby issues
persons which Section 29 in conjunction with Section 33, Section 34, Section 41, Section 43, Section 44, and Section 64 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the