share

The Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand It is an agency that has direct duties. in supervision listed company and protect the interests of the public who invest in the stock market

But both agencies have repeatedly failed. to act and never reviewed on the lesson of failure Never change your role to protect investors Not to be a victim of criminals in the stock market in any way.

The tragedy of Stark Corporation Public Company Limited or STARK is another case that must emphasize the numbness in the sense of responsibility.

catastrophe And it happened to investors in the stock market in a wide range from STARK, now registered, both the SEC and the SET still do not know what problems have occurred with this listed company. Company information cannot be disclosed to the public. It does not have the authority to regulate or control the property of investor citizens.

and do not know whether there is fraud or not Someone siphoned off the property. There has not been any lawsuit filed once morest the executives of the company.

Allowing people who have caused serious damage to tens of thousands of STARK shareholders, fleeing the country It reflects the gaps in governance. and the inefficiency of investor protection functions.

The stock market is the country’s largest source of funding and investment. The total market capitalization or market cap as of June 2, 2023 was 18.75 trillion baht, more than the gross domestic product or GDP. The total number of investors as of the end of April was 2.3 million.

Therefore, supervision of stock trading to be honest and fair must be strict. The solution to the problems of listed companies that are not transparent must be decisive and swift, to children and people in order to prevent widespread damage from spreading. and has to expedite prosecution without letting stock market criminals take their money away

The SEC and the stock exchange must realize that There is a great burden of responsibility and huge wealth. must protect millions of investors and must have courage Not afraid of the sun, afraid of the rain but must act decisively Committed to eliminating the loopholes that lead to the downfall of investors.

Have a firm intention to eliminate fraud in the stock market completely.

Reform of stock market regulations and rules must happen quickly. SEC and SET Must propose to increase the power to audit listed companies Increase the authority to disclose information of listed companies and has severe legal penalties. to force the company to comply with the order

Including the power to control listed companies that have problems with their status and have clues regarding internal corruption. to protect the property of the shareholders and can expedite the accusation and prosecution Can apply to the court to ban the accused person from leaving the country

SEC and SET. Do not be afraid that the rules are too strict. will prevent general companies from being listed on the stock market But fear that rotten companies will collude with financial consulting firms. help compose financial statements and deceive the Board of Governors of the Stock Exchange of Thailand Bring stocks to rob investors’ money.

And don’t be afraid that taking strict measures To supervise every activity and every transaction in the stock market to be transparent and pure. will prevent investors from entering the stock market but should be aware that How to prevent investors from being completely robbed by gangs in the stock market?

SEC and SET executives not a salaryman with a monthly level of 1 million baht and working day by day with a term of 4 years if the connections are not good internal strength is not enough Not renewed for another period, then left. without seeing the work of protecting the investor public

The tragedy of the unknown catastrophe, the true cause of STARK, is a reflection of the failure of regulators and the stock market in their mission-critical missions. to protect millions of people investing in the stock market

SEC and SET Are you always aware of failures in your own mission or have you thought regarding improving or not?

Or feeling slow with the tragedy of STARK and ready to endure the disaster of the investor people that will repeat itself. indifferent prevention of problems

SEC and SET executives Just sit in a good position Eat a high salary day by day Let hundreds of thousands of people who have strayed into the stock market be robbed by stock market criminals for 48 years without serious thinking?