DES minister slams the SEC over the Forex-3D case, threatening if he won’t do it, he’ll find someone else to do it instead.

At 9:00 a.m. on September 20, 2022 at the Government House, Chaiwut Thanakmanusorn, Minister of Digital Economy and Society (DES), gave an interview about the Office of the Securities and Exchange Commission. (SEC) stated that the Forex-3D case is not under the SEC’s jurisdiction, saying, “I feel sorry for listening. Because there must be an agency that oversees this matter, allowing the establishment of a company and creating a strategy for investment. profit from the people There are thousands and tens of millions of funds raised. defrauding people without supervision at all?” Is it a legal loophole? And which agency should be in charge? Mr. Chaiwut said Soon he will arrange an online meeting of the Crime Suppression Committee. By coming to talk that If you can come to open a company to deceive people through social media. And various networks without permission like this show that Thai law is not up to date.

by revealing that he wants to close these websites and channels It is necessary to increase the power of the Ministry of DES. If the SEC does not do it, he will do it himself and have to amend the law. Computer Act But he confirmed that The SEC has to supervise the investment of the people. Investments must obtain permission from the SEC. Must be registered to ensure investor confidence and safety. But if there is an investment in a fraudulent manner Open a company without the SEC’s permission if the SEC sees it or has someone notify it. The SEC must notify the public must work proactively educate people Not the people damaged in the thousands and tens of billions. According to the non-refundable like this, I reiterate that if the SEC doesn’t do it, it has to find another agency to do it.

In addition, Mr. Chaiwut also gave an interview about the case of a paper leader who has a history of hospital patients being used as bags for Tokyo snacks in Chonburi province. Is it considered a violation of the Personal Data Protection Act (PDPA) or not? guilty But in the beginning we did not focus on prosecution and punishment. There is still a waiver. but would like to inform operators who have customer information You must keep it well. don’t let it leak and if it is to be discarded, it must be destroyed, burned, shredded, do not sell or reuse. Because these information, if leaked, is considered illegal. It is a measure that every agency, every company, every organization must know that the public’s application or documents containing personal information Can’t take it to the trash at all. Must destroy first. When asked if the owner of the data can sue or not, Mr. Chaiwut said that he “has the right to sue”, but would like to emphasize that in the early stages of law enforcement, we still have lenients. as a warning do not want to enforce because they are afraid that the company will not dare to work until there will be other consequences to the people

Source: Thairath

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