The SEC reveals the resolution of the SEC meeting to hit the time limit, not extending for Asia Wealth Securities to return assets to clients. Recently, the company has not fully returned. It is in accordance with the rules of supervision. Stand by the original order to prevent the impact that will happen to investors. and customer assets
The Securities and Exchange Commission (SEC) revealed that the Capital Market Supervisory Board (SEC) at its meeting No. 13/2022 resolved not to extend the company’s additional action period. Asia Wealth Securities Co., Ltd. as requested by the Company.
However, after Asia Wealth Securities Co., Ltd. (Asia Wealth Securities) has brought the customer’s money to pay for securities with the clearing house. without the customer’s consent and permission In which the ACT Committee concluded its resolution at the meeting No. 12/2022 on November 17, 2022, it was of the opinion that the Company’s operations could cause serious damage to the public interest. Therefore, it was resolved by virtue of Section 143 of the Securities and Exchange Act B.E. Customer is not allowed Return by Sunday, November 20, 2022 and temporarily suspend the securities business according to the SEC news No. 207/2565 dated November 17, 2022*
Subsequently, the Capital Market Supervisory Board (SEC) held an additional meeting at its meeting No. 13/2022 on November 21, 2022, whereby the resolution of the meeting resolved not to extend the operation period of the securities. .Asia Wealth as requested by the company Due to the previous order of the SEC concerning the period of returning the property to the customer, the feasibility of the action was taken into consideration. Including the suitability and protection of the impact on the customer’s assets. However, from the latest investigation, it was found that Asia Wealth Securities did not fully refund some of the total amount of money to customers.