SEC: More speculation curbs likely | Bangkok Post: business

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SEC: More speculation curbs likely

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The Securities and Exchange Commission (SEC) will come up with new measures to clamp down on speculation if its latest move fails to curb overheating. 

Secretary-general Vorapol Socatiyanurak said the latest measure will extend the cash-advance trading period for stocks with high turnover to six weeks from three, effective from today..

He said the SEC will monitor market feedback if speculation remains at a level that could harm investors, as many stocks were trading heavily until their price-to-earnings (P/E) ratios had skyrocketed far from their fundamental value.

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