2024-02-13 09:15:00
Mr. Phakorn Peetathawatchai, Director and Manager The Stock Exchange of Thailand (SET) revealed that the SET is preparing to summarize 4 guidelines for controlling and supervising short selling transactions and the use of computers to place stock orders (Program). trading) of the Stock Exchange Discuss together with regulatory agencies or the Securities and Exchange Commission (SEC) soon and it is expected that details of all such measures will be disclosed to the public as soon as possible. Initially, there will be measures that need to be corrected both in the short term and in the long term.
For these 4 approaches:
1. The SET will add additional mechanisms to control the impact on prices and liquidity from short sell and program trading transactions.
2. Report: The SET will provide more and deeper information regarding short selling and program trading to the public for investors to use in making investment decisions.
3. Monitoring and enforcing regulations. The SET and member securities companies will have work processes and systems in place to check information. and take action to prevent irregular transactions and pursue and punish offenders and participants in wrongdoing. as standard For clarity and equality
4. Division of Responsibilities The SET will propose to all stakeholders to jointly supervise and adjust various regulations. and lay out the duties of each regulator and the SET clearly and completely. In order to be able to investigate faults easily, quickly and more severely. with the perpetrator and his/her co-offenders
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