worth $25? Who drained $600 million from FTX? November 20 & 21, 2022 Some fundamental problems • Hidden assets and liabilities • Conflicts of interest • Extreme leverage, often secured by risky assets
SEC Secretary-General Ruenvadee Suwanmongkol announced that SEC has issued a measure allowing asset management companies to borrow money or enter into a repurchase transaction agreement to better
rights, construct, purchase, provide, sell, dispose, rent lease, hire purchase, grant of hire purchase, borrow, lend accept pledge, accept mortgage, exchange, transfer, accept transfer, or take any action
announced a measure for temporary liquidity management by allowing asset management companies to borrow or enter into repurchase agreements at the maximum rate of 30 percent, instead of the usual 10 percent
short-term investments, inventory and accounts receivable are used to borrow money, typically on a short-term basis. The company borrowing the funds must provide the lender with a security interest in the
to borrow securities in order to complete delivery within the time period prescribed by the clearing house under the law on securities and exchange, the securities company shall borrow securities or
sale, but there is a necessity to borrow securities in order to complete delivery within the time period prescribed by the clearing house under the law on securities and exchange, the securities company
account, bond dealing, private repos and other investments. The Company’s DW business was significantly impacted by the extreme volatility of the Thai stock market during March 2020. The Company is a market
management company may borrow money on behalf of an infrastructure mutual fund only if it has specified such action in the mutual fund scheme and prospectus, and has complied with the following rules: (1) the