punishment of those found to be in violation of the Securities and Exchange Act, the SEC said it has made good progress in examining many complaints. Investigations are on-going and more time is needed to
SCB ASSET MANAGEMENT COMPANY LIMITED|Specific Fund | Offering Date : 20/07/2009 - 27/07/2009
Bangkok, August 25, 2009 ? The SEC imposed a three-year probation on Maris Tarab, in his capacity as the managing director of ING Funds (Thailand) Co., Ltd. and fund manager of T.U. Dome Residential Complex Fund (TU-PF), for failing to perform his duties prudently and professionally for the best interest of TU-PF unitholders. The probation, which covers his status as approved property fund manager/securities company executive/mutual fund manager/private fund manager/investor contact, took effect...
violation of the rules. The SEC therefore suspended them from duty as approved investment consultants for one month. The aforesaid misconduct is in violation of Clause 20(3) of the Notification of Capital
found that the aforesaid investment consultants proceeded with the redemption of long-term equity fund (LTF) units for clients in breach of the conditions for receiving tax benefits despite warnings
recorded such behavior for future reference if breach of duty is found. The said acts are in violation of Clause 20(3) of the Notification of Capital Market Supervisory Board No. TorLorThor. 3/2555 Re
had not been sufficient. This caused the client about 3,000,000 Baht in damage. In this regard, the aforesaid actions are in violation of Clause 20(1) and (2) of the Notification of Capital Market
orders as well as incompletely prepared such documents as determined by the company. Thus, the SEC publicly disclosed her inappropriate behavior and recorded such behavior for future reference if breach
from a client?s account, which was deemed a breach of duty. She was also found to have acted in such a way that indicated dishonesty to the bank. In this regard, Sarinrat was deemed having prohibited