SEC invites public comments on rewards

MONDAY, JULY 14, 2014
SEC invites public comments on rewards

The Securities and Exchange Commission invites members of the public to comment on the draft regulations regarding payment of rewards and gratuity to informers on insider trading and market manipulation.

The draft will be issued under Section 315/1 of the Securities and Exchange Act B.E. 2535 (1992) to enhance efficiency of enforcement.
The proposed regulations provide instructions for giving information and the application of reward or gratuity, consideration of persons filing applications for rewards, procedures for the payment of reward and gratuity, proportion of reward and gratuity and criteria for obtaining reward and gratuity.
The Nation