Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to undertake in a different manner from

the management of investments under a mutual fund project by issuing investment units of each project for sale to the public and bringing proceeds thereform to invest in, or procure for profit from

thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means. "private fund management"2 means the

proceeds thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means.” * Readers should be aware that

undertake in a different manner from https://www.sec.or.th/EN/Documents/ActandRoyalEnactment/LawReform/SEA-summary.pdf Microsoft Word - SEA-ÃÒ©ºÑº 6-3-51.doc control system; (2) reviewing the financial

investor protection, the SEC may prescribe that the license holder who undertakes business in a specified manner be exempted from undertaking or undertake in a different manner from the provisions under

; (3) the benefit arising from commingled property belongs to the trust. The commingled property under the first paragraph shall include the property that is transformed into a different form or state

include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of two or more trusts to

first paragraph shall include the property that is transformed into a different form or state. SECTION 36 In cases where a trustee fails to perform duty under Section 34 which causes the trust property of

in a different manner from the provisions under this Division.” SECTION 9 The following provision shall be added as the third paragraph of Section 56 of the Securities and Exchange Act B.E. 2535, as