Bangkok, January 21, 2016 ? The SEC is seeking public comments on draft amendments to the regulations concerning supervision on trigger funds and product advertisement.

The proposed amendments to the trigger fund rules require that intermidiaries disclose clear information with regard to commission fees, product features and risk warnings. For example, the information that the trigger point is not a guarantee of returns, and that unit redemption ahead of the target date set in the investment scheme is not allowed must be clearly communicated to investors.

In addition, advertisement based on past successful performance of any trigger fund may proceed only after accurate and complete information on all of the trigger funds under management is clearly disclosed for investors? comparison and decision-making.

Meanwhile, certain rules governing advertisement and sale promotion of mutual funds are also being revised to enhance clarity and flexibility.

The SEC supports intermediaries in their offering of diverse products and services so that investors would have more investment choices to choose from. However, clear and sufficient disclosure of information is imperative to facilitate investors? decision making. 

The consultation paper is available at www.sec.or.th. Stakeholders and interested parties are welcome to submit comments through the website or facsimile at 0-2263-6099 or email: napaporn@sec.or.th. 

The public hearing ends on February 15, 2016.