Post office eyes mutual funds | Bangkok Post: business

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Post office eyes mutual funds

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Thailand Post hopes to broaden its services by seeking approval from the securities regulator to sell mutual funds at post offices nationwide. 

The post shop on the ground floor of the Grand Postal Building, the former headquarters of Thailand Post in Bang Rak district. The company is seeking permission to become a sales agent for mutual funds. SUNAN LORSOMSAB

The Securities and Exchange Commission (SEC) currently allows mutual funds to be sold by securities companies, asset management firms and banks. A sales agent must have a licence to be a fund's investment adviser.

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