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
selection process in accordance with Section 31/7; in this regard, at least two of such experts shall have experience in managing a company whose securities are listed on the Securities Exchange or a
of whatever name excluding bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of
bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of such instrument to receive
. SECTION 3. The definition “company” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: ““company” means any limited company or public limited
must be a juristic person in the categories of a limited company or a public limited company only; and shall obtain an approval from the SEC Office and file a registration statement for the offering of
token which intends to offer the digital tokens must be a juristic person in the categories of a limited company or a public limited company only; and shall obtain an approval from the SEC Office and file
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private
investor” means any investor which is a financial institution under the Commercial Banking Act, securities company, non-life insurance company, life insurance company, statutory company, mutual fund, private
may not require a securities company to have a paid- up registered capital in an amount specified for operation of any particular category of securities business, except for a security company operating