2008-01-01 | act-sea2008-no4.pdfThe King of Thailand enacted this amendment to the Securities and Exchange Act B.E. 2535 to restructure the Securities and Exchange Commission and establish a Capital Market Supervisory Board. The legislation defines the composition, qualifications, terms, and duties of commission members while creating a Selection Committee to nominate experts for these regulatory roles. Additionally, the Act clarifies the Office's supervisory powers, mandates internal audit functions, and imposes conflict-of-interest restrictions on appointed officials.