Today (February 23, 2004), the meeting between the Office of the Securities and Exchange Commission (SEC) and the Association of Securities Companies (ASCO) agreed on ASCO?s proposal concerning preventive measures on risk arising from abnormal trading as follows: Shares prohibited from margin loan and net settlement should be applied only to 1. shares with one-week turnover ratio of 100% or over, and 2. shares with P/E ratio of 100 or over or company with net loss. Such prohibitions sho...
This is in response to news on a website stated that the Office of the Securities and Exchange Commission (SEC) will prohibit margin loans and net settlement for shares having turnover ratio of more than 40% or high P/E ratio or operating loss or being in the REHABCO sector. The SEC would like to clarify as follows: - The Association of Securities Companies (ASCO), with its good intention to help prevent settlement risk and market manipulation, has conducted a hearing among its members...
For greater transparency and fairness of the allocation of initial public offering (IPO) or public offering (PO) securities, the SEC approved draft rules prohibiting the allocation of IPO/PO securities to mutual funds of related parties. Such mutual funds of related parties are as follows: (1) a mutual fund that more than 50% of the total investment units sold are held by related parties, or (2) a mutual fund that not more than 50% of the total investment units sold are held by related parties,...
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...
?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
เผยเหตุผลที่ไม่สามารถหา benchmark ที่เหมาะสมให้ผู้ลงทุนทราบอย่างชัดเจน และห้ามมิให้กองทุนดังกล่าวใช้ hurdle rate หรืออัตราดอกเบี้ยเป็น benchmark เพื่อไม่ให้เกิดความเสี่ยงที่ผู้ลงทุนอาจเข้าใจผิดว่า
companies should additionally determine that such prohibition on relations with listed company shall include professional services, such as being companies? auditors or lawyers, etc. Other Business Relations
/Pages/News_Detail.aspx?SECID=7381 SEC and SET run a joint public hearing on the proposed prohibition of investment company characteristics in issuing and listed companies ) Define a company possessing