Commerce. This topic measures the strength of minority shareholder protection against directors' misuse of corporate assets for their personal gain as well as shareholder rights, governance safeguards and
Thai capital market. Thus, the SEC has always put its best effort to supervise and improve quality of financial report to ensure that public disclosure of financial report is accurate, transparent
actions that may be harmful to the country economy, stability, public order or morality, the SEC has the power to issue a written order instructing the board of directors, the directors or the members to
allocation of shares for Initial Public Offering (“IPO shares") which are allocated to sponsors and related parties (“RP") are prescribed to prevent concentrated allocation to sponsors and RP which will enable
for public offerings. Also a concern at the initial stage of development was the overlapped market supervision under the authority of multiple agencies as seen in the following areas: Securities
might occur between the company, management, directors, and shareholders. The board should also prevent the inappropriate use of corporate assets, information, and opportunities, including preventing
administrative order issuers, i.e., the SEC, the Administrative Sanction Committee and the Securities and Exchange Commission Board. Likewise, the orders can be imposed in many ways, for example, probation, public
the plaintiff shall also have the power to proceed with the execution of the case for the plaintiff and the members of the class. Accordingly, Class Action will be able to deliver justice to several
in 2. Comply with the SEC regulations. 3. Correcting the misspelling of name 4. Changing mutual fund supervisor 5. Reducing mutual fund fees or expenses (2) Amendments that might request an