Speculation crackdown in the works | Bangkok Post: business

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Speculation crackdown in the works

Regulators are considering revising regulations to curb massive stock manipulation at present.

The Stock Exchange of Thailand (SET) will collaborate closely with the Securities and Exchange Commission (SEC) and the Association of Securities Companies (ASCO) in considering amendments to market regulations to clamp down on manipulation, said Pakorn Peetathawatchai, the SET's executive vice-president.

Since January, the Thai stock market has moved irregularly, with heavy trade volumes in small and medium-cap shares with no stories to support their price movements.

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