Disciplinary and Appeal Process
When there is any act deemed by the Stock Exchange of Thailand to violate SET rules and regulations, the department directly responsible for oversight of the stock trading, the member firm, or the listed company, as the case may be, will examine and investigate all relevant facts about the said acts and gather all evidence to pass to the Enforcement Unit. The Enforcement Unit will consider the entire matter, take any action necessary according to its disciplinary processes, and implement any punishment for wrongdoing deemed appropriate by the Disciplinary Subcommittee.
In the case a disciplinary order is issued, and the party being disciplined does not agree with the disciplinary order, he or she can submit a counterclaim to such an order by filing an appeal under the appeal process, which will be considered by the Appeal Committee which in turn submits its decision to the SET Board of Governors for further consideration.
