On 8 October 2019 Thai SEC proposed changes on investment transactions.
SEC is preparing rules for investors to buy, sell investment units more conveniently.
To enable the public to have access to and use the Thai capital market for savings and investments, SEC is making proposals to create opportunities and reduce limitations.
By leveraging advances in technology and the development of new financial services.
- Proposes taking away the requirement for business operators to be divided into areas and the requirement to use of securities company as part of the business name.
- Cancels regulations requiring sale of mutual funds of many asset management firms.
- In order to protect investors, business operators that can provide services through specialized branches online may sell only uncomplicated mutual funds.
- Comment period ends 18 October 2019.