. Whoever wishes to offer services to other persons by soliciting investment, offering loans or providing investment management services is required by law to obtain a securities business license first. We
prescribing the conditions and procedures for securities companies in operating securities brokerage business, securities companies are required to keep records of the telephone conversations they have with
, baht bond issuers classified as special purpose vehicles (SPV) are now required to disclose information of their ultimate issuers. 2. Cancellation of approval for domestic sale of overseas debt
a number of persons residing in different places and those persons were required to provide explanation and evidences, gathering facts in this case was relatively time-consuming. However, the SEC now
and Exchange Act B.E. 2535 (1992). Additionally, the company’s directors are required to carry out their duties with due care, responsibility, and integrity, including overseeing the company’s
The SEC?s inspection found that clients of brokers in Had Yai had used non-financial institution loans for purchasing stocks, therefore required all brokers to closely monitor abnormal activities as
as well as the result of IPO shares allocation report are required. Guidelines can be summarized as follows: (1) Before allocation, the following information must be disclosed in the prospectus
possibility of increasing number of independent directors. In some other developed countries, 50% of the board of directors are required to be independent. As for listed companies? directors to understand
outstanding shares of CWT. Consequently, Boonchai was required under Section 246 the SEA to file a report of his acquisition or disposition of CWT shares to the SEC within the next business day. His failure to