SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
been a change in the necessary circumstances as provided in the first paragraph, the Minister upon the recommendation of the SEC may modify or change the conditions already specified.
. Most of the respondents expressed agreement with the principle proposed.Therefore, SEC has drafted a notification requiring asset management companies and trust managers which make a projection of
false or misleading information: elements of crime will be extended to cover more persons and wrongful acts and offences related to imparting or dissemination of projection by using distorted information
institution, the securities company may comply with the policy of security of the information technology of such financial institution. [M] · Reviewing and modify updatable by having a risk assessment once a
financial institution, the securities company may comply with the policy of security of the information technology of such financial institution. [M] o Reviewing and modify updatable by having a risk
, past experience, business plans, and future projection that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The
likely to affect the rights and interests of shareholders or the decision making on investment. For example, an estimated number of visitors used in the projection was not disclosed. By virtue of Section
estimated number of visitors used in the projection was not disclosed.By virtue of Section 58(1) and (2) of the Securities and Exchange Commission B.E. 2535 (1992), the SEC therefore instructed PACE to