Securities and Exchange Act being amended

24 September 2020
The Nation
Laws and regulations / Securities exchange (stock market)
investigating authority / Securities and Exchange Act

The Securities and Exchange Commission (SEC) is amending the Securities and Exchange Act to allow SEC officials to become investigating officers in legal cases involving the Securities and Exchange Act and Future Exchange Act, said SEC secretary-general Ruenvadee Suwanmongkol.

“Currently, SEC officials have no investigating authority in such cases and can only gather evidence and witnesses for the Department of Special Investigation (DSI) in cases were damages are to the tune of over Bt100 million, or for the Economic Crime Suppression Division in cases of less than Bt100 million in damages,” she said.

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 The Nation Reporter

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Securities and Exchange Act being amended

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