tokens without clear objectives or utility, lacking underlying support, with prices driven by trends in social media. The prohibition of digital asset exchanges from trading meme tokens is in compliance
On 17 May 2022, the Capital Market Supervisory Board Meeting No. 4/2565 passed a resolution approving in principle the proposed amendments to the regulations on approval for issuance and offering for sale of newly issued securities to the public (IPO) whereby issuing companies and listed companies would not be allowed to operate business as an investment company to prevent the misuse of the IPO channel as a tool to evade or contravene the governing law and regulations (regulatory arbitrage) on t...
Under the SEC’s policy, digital asset business operators are not allowed to provide or support deposit taking and lending services to prevent possible damage to digital asset investors and the public in the possible event of service discontinuance or financial problems that may occur on a continuous or concurrent basis among service providers as has recently been the case for foreign counterparts. In addition, the draft regulation is expected to further clarify the scope of supervision of digita...
underwriters. The proposed new rules cover the addition of municipal bond as securities, and filings in English version when foreign securities are offered, and the prohibition imposed to underwriters, their
interest, a prohibition from trading digital assets or entering into derivatives contracts related to digital assets for a specified period, and a bar of (2) from serving as a director or executive of
prohibition, however, will not apply if excess holding is not resulted from making additional investment, providing that asset management company must arrange to have appropriate measure to prevent other
deadline for the IPO post-offering report from 45 to 7 business days as from the closing offer date in sync with the deadline for securities listing; and 3. To extend the prohibition period for share
?SECID=7715 SEC and SET run a joint public hearing on the proposed prohibition of investment company characteristics in issuing and listed companies : * Consisting of the laws and regulations concerning
civil sanction with civil penalties at the total amount of 10,553,382 baht plus interest, as well as a prohibition of securities and derivatives trading and a bar from holding the director and executive