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Monday, May 6, 2024

Brokers allay concerns over naked short selling

A display of stock quotes on an electronic board in a trading room.

The Association of Securities Companies (Asco) has reaffirmed there is no naked short selling on the Thai exchange, while the Securities and Exchange Commission (SEC) asked Asco members to adjust their short sell guidelines based on the SEC’s instructions.

Asco president Pichet Sithi-Amnuai said the Stock Exchange of Thailand (SET) has regularly examined short selling in cooperation with Asco, with…

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