than one year; (5) being an officer or an employee of the Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the
the submitted reports or documents. SECTION 20. Any derivatives business operator which intends to cease operation in the derivatives business of the category so licensed or registered shall submit an
accordance with the trust instrument or this Act, the trustee shall be liable to indemnify the trust. In cases where it is necessary and there is a reasonable ground for the benefit of the trust, the trustee
necessary and there is a reasonable ground for the benefit of the trust, the trustee may apply for the SEC Office’s approval prior to the management of trust in a different manner from those stipulated in the
indemnify the trust. In cases where it is necessary and there is a reasonable ground for the benefit of the trust, the trustee may apply for the SEC Office’s approval prior to the management of trust in a
the Minister. The remuneration shall be deemed an expense for the operation of the SEC Office. SECTION 12 The provisions in Section 31/7 of the Securities and Exchange Act B.E. 2535, as amended by the
the operation of securities business, the Securities Exchange, over-the-counter center, organization related to securities business, derivatives business, derivatives trading center, derivatives
of the SEC Office; (6) being a manager or a person with power of management of the operation of securities business, the Securities Exchange, over-the-counter center, organization related to securities
of the SEC’ s operation 1 2 3 4 5 6 1. Supervision of Securities Business 3/10 • For flexibility of securities business supervision and supporting Financial Technology • To promote development and