Bangkok, April 16, 2014 ? SEC Secretary-General Vorapol Socatiyanurak revealed that the Capital Market Supervisory Board approved to revise rules governing capital market personnel to standardize the rules across all types of personnel and compile existing rules into a single notification for ease-of-use. 

The compilation of rules into single notification elaborates all related guidelines of capital market personnel including new types of capital market personnel required to obtain the SEC?s approval due to their vital responsibilities having high impact on the clients. The approval will be applicable to certain types of personnel; for instance, wealth advisor who gives advice on asset allocation and selects suitable securities for individual client, investment analyst, and fund manager, in accordance with the specified qualifications and prohibited characteristics.  

In addition, the revised rules require directors and managers of securities and derivatives business operators to pass training courses on good corporate governance to promote ethics, morals and codes of professional conducts for utmost benefit of the clients.
Vorapol added that ?Personnel in securities and derivatives businesses are one of the key drivers of transactions in the capital market. Hence, they are obligated to adhere to professional ethics and be knowledgeable in the area of good corporate governance in order to perform their duties professionally that is strongly supportive to building confidence in the capital market.