. This Act shall come into force after the following date of its publication in the Government Gazette. SECTION 3. The definition “the Capital Market Supervisory Board” shall be inserted between the
specified by the Minister of Finance Securities business additional specified by the Minister of Finance must comply with rules, conditions and procedures prescribed by the Capital Market Supervisory Board. 2
date; (1/2) 6 having knowledge, capabilities and expertise on capital market, economics or finance and banking; (2) not being or having been a bankrupt; (3) not being a political official, an appointed
capital market, economics or finance and banking; (2) not being or having been a bankrupt; (3) not being a political official, an appointed member of a district council or district administration, or a
of business, engages in the business of managing funds for others, or holds himself out to the general public as being ready to manage funds for others, with the intention of investing in derivatives
of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: “SECTION 5. Unless otherwise specified by the provisions of this Act, the SEC, the Capital Market
capital market and the execution of transactions related to the capital market are efficient, transparent and protect investors’ interest, and to accommodate changes in the capital market and the
by the Minister to act in accordance with this Royal Enactment. “Minister” means the Minister in charge of the execution of this Royal Enactment. Section 4. The Ministry of Finance shall be responsible
appointment of a commissioner has been made, the remaining commissioners of the Capital Market Supervisory Board shall retain their offices on the condition that there are at least five persons holding such