tl;dr
The Thai Securities and Exchange Commission (SEC) has proposed new regulations to allow mutual and private funds to invest in digital assets, aligning with international developments and addressing institutional investor interest. The draft proposal seeks public feedback on revised criteria for fund...
The Thai Securities and Exchange Commission (SEC) has proposed new regulations to allow mutual and private funds to invest in digital assets, aligning with international developments and addressing institutional investor interest. The draft proposal seeks public feedback on revised criteria for funds investing in digital assets, including allowing securities companies and asset management firms to offer services for diversifying into crypto-related products.
The proposal differentiates between high-risk assets like Bitcoin and stablecoins, with limits on digital asset exposure for various fund types. Public comments are accepted until November 8, with final regulations expected next year.
The regulator noted that Thai investors could already access crypto ETFs abroad, but the current framework for mutual funds has not kept pace with digital asset investing changes overseas. The proposed rules aim to create more opportunities for investors to diversify their portfolios under expert management.
The draft outlines limits on digital asset exposure for various fund types. Retail mutual funds would be restricted to a 15% allocation in crypto investments, while more sophisticated funds for institutional and ultra-high-net-worth investors would face no cap on exposure, though they must diversify to manage risk.
The SEC's proposal also includes guidelines for the temporary holding of assets such as Bitcoin or Ethereum, capping the holding period to five business days for trading purposes. Public comments on the proposal will be accepted until November 8, with final regulations expected next year.
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General Dynamics Corporation Summary
General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.
Sector: Manufacturing
Subsector: Ship & Boat Building & Repairing
Market Cap: $82.07 billion
P/E Ratio: 23.28
EPS: 5.48
Dividend (Yield): 12.83 (1.64%)
52-Week High: $164.48
52-Week Low: $78.90
Revenue: $44.95 billion
Operating Margin: 324.11
Profit Margin: 20.7%
Return on Equity: 18%
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CNA Financial Corporation offers commercial property and casualty insurance products primarily in the United States.
Industry: Finance, Fire, Marine & Casualty Insurance
Market Cap: 13,105,754,000
P/E Ratio: 10.3
EPS: 1.72
Dividend Yield: 4.7%
Current Price: $50.85
Beta: 0.0927
Revenue: 13,806,000,000
Operating Margin: 49.5%
Net Income: 0.122
Return on Equity: 6.5%
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Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.
Industry: ENERGY & TRANSPORTATION
Primary Products: GOLD AND SILVER ORES
Market Cap: 106,937,000
Dividend Yield: None
Beta (5Y Monthly): 0.127
EPS (TTM): -0.0306
Volume: 36,723,000
PE Ratio (TTM): 1.38
52-Week Range: 2.549 - 0.625