Association Associations related to securities businesses Summary of major provisions in supervising the related associations The SEC has the power to make an order for the directors or members to clarify
that the capital market will be developed toward sustainable growth and generate positive impacts on the national economy. At present, there are six legislations administered by the SEC, namely: the
and license revocation, etc. In this regard, the scope of power of the order issuers varies depending on the level of penalty to be imposed on the offender. Appeal Any person who is affected by, and
of the mutual fund is inconsistent with the approved scheme. In this connection, the SEC has the power to order: (1) Clarification or disclosure of additional information; (2) Rec tification of the
of the mutual fund is inconsistent with the approved scheme. In this connection, the SEC has the power to order: (1) Clarification or disclosure of additional information; (2) Rec tification of the
growth of the company by providing opportunity for directors and employee to take part in the ownership of the business. Positive gains of the company will also benefit the shareholders. However, the
consequence of binding the parties and the members of the class. The plaintiff or the counsel for the plaintiff shall also have the power to proceed with the execution of the case for the plaintiff and the
consequence of binding the parties and the members of the class. The plaintiff or the counsel for the plaintiff shall also have the power to proceed with the execution of the case for the plaintiff and the
Sanction is a recent enforcement power added by the Securities and Exchange Act (No. 5) B.E. 2559 (2016) and the Emergency Decree on Digital Asset Businesses of 2018 in order to improve efficiency of law
persons which could exercise power over fund management and exploit the fund for own benefits such as tax avoidance. Summary of regulations 1. Limitations on unitholding over one-third of the total