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SEC to Check Thai Stock Trades Each Quarter.

Bangkok Post (Bangkok, Thailand)

| January 07, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Jan. 7--The Securities and Exchange Commission plans to start quarterly inspections of trading on the Stock Exchange of Thailand and heightened scrutiny of securities deals through local brokers as part of its new policy aimed at stamping out share manipulation.

Thirachai Phuvanat-naranubala, appointed as SEC secretary-general late last month, said tighter monitoring and supervision were crucial for maintaining investor confidence and sustainable growth in capital markets.

Market manipulation must be stopped and risk management by brokers improved, he said in his first public comments as secretary-general.

...

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Source: HighBeam Research, SEC to Check Thai Stock Trades Each Quarter.

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