The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco).
The Association of Securities Companies (Asco) and its members have proposed the Securities and Exchange Commission (SEC) adjust the regulations regarding stock manipulation in the aftermath of the More Return Plc (MORE) scandal.
Regulatory loopholes and the lack of a timely warning system pose major risks for stock market regulators and investors when lesser-known stocks come into the spotlight, shaking public confidence in the Thai bourse.
A recent scandal concerning unusual trading in the stock market is a wake-up call for authorities and brokers to come up with measures to plug loopholes in the capital market.