The Securities and Exchange Commission (SEC) is lifting the maximum amount of security-based crowdfunding offerings to 50 million baht for retail investors, from 40 million baht, with no limit for institutional, high-net-worth and ultra-high-net worth investors.
The SEC has revised the rules regarding the offering of securities through the crowdfunding system to promote the funding of startups and small and medium-sized enterprises in a consistent manner, the regulator said in a statement on Monday.
The new rules, which took effect on July 16, also improve the…
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