Bangkok, July 14, 2014 ? The SEC is seeking public comment on the draft regulations to be issued under Section 315/1 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) on payment of bounty and gratuity to the informer or the arrestor regarding the offences of insider trading or market manipulation to enhance enforcement efficiency. The proposed regulations provide instructions for giving information and application for bounty or gratuity, consideration on persons filing application for bounty, procedures for bounty and gratuity payment, proportion of bounty and gratuity and criteria for obtaining bounty and gratuity, for instance. In this regard, Commissioners, Board members, top management and staffs of the SEC, the Stock Exchange of Thailand and over-the-counter center are not entitled to obtain the bounty and gratuity under Section 315/1 of the SEA.
The consultation paper is available on www.sec.or.th. Stakeholders and those interested in the proposal are welcome to submit comments through the website, or facsimile number at 0-2263-6404 or email address at nat@sec.or.th until July 18, 2014.