Bangkok, July 22, 2016 ? The SEC is seeking the private sector?s and the public?s comments on a proposed revision to the rules governing the dissolution of listed and non-listed funds to enhance practicality and fairness.

The proposed revision would allow asset management companies a grace period for increasing the number of the unitholders of listed funds, including exchange traded funds and index funds, under their management to meet the requirement instead of being subject to immediate dissolution on the closing date of the unitholder register.

In addition, the SEC is proposing a waiver of compulsory dissolution for index funds and exchange traded funds whose units have been redeemed at an amount exceeding two thirds of the total units sold upon meeting certain requirements.

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

The public hearing ends on August15, 2016.