Thailand's Securities and Exchange Commission has implemented its first batch of structured product rules, effectively cutting out retail sales. The new rules under the Offer for Sale of Newly Issued Debentures issued by financial institution in the Category of Structured Debentures or Debentures Imposing Obligation on Debenture Holder will make structured products the exclusive domain of authorised financial institutions, approved by the Bank of Thailand. Subscribers will be limited to instit