Bangkok, June 16, 2015 ? The SEC is seeking public comment on the draft regulations to be issued under Section 152 of the Derivatives Act B.E. 2546 (2003) on payment of bounty to the informer. Under the Act, the SEC has the power to give the informer a bounty in the amount up to 30% of the fine, paid by the wrongdoer to the court for commissioning the offences of market manipulation, cornering, dumping or controlling in connection with underlying goods of derivatives contracts and insider trading.  The draft regulations prescribe the bounty payment conditions and procedures, including consideration on persons entitled to apply for bounty, procedures and instructions for filing an application and bounty payment as well as handling of unclaimed bounty, for example. Nevertheless, commission or board members, directors, executives, employees and workers of the SEC, the Stock Exchange of Thailand, over-the-counter center and derivatives exchange shall not be entitled to obtain the bounty.

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 10, 2015.