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Friday, May 10, 2024

Regulator to ban Thais from trading NVDRs

The Securities and Exchange Commission (SEC) building on Vibhavadi Rangsit Road. The SEC is preparing to ban Thai investors from trading non-voting depository receipts (NVDRs), aiming to close an avenue for fraud in the capital market following the More Return Plc (MORE) case. (Bangkok Post file photo)

The Securities and Exchange Commission (SEC) is preparing to ban Thai investors from trading non-voting depository receipts (NVDRs), aiming to close an avenue for fraud in the capital market following the More Return Plc (MORE) case.

SEC secretary-general Pornanong Budsaratragoon said during an interview with the Bangkok…

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