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SEC expands self-reporting probe

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The SEC is conducting a deeper investigation to determine whether the case constitutes intentional submission of false information to the electronic reporting system, says Mrs Pornanong, second left.

The Securities and Exchange Commission (SEC) is widening its investigation into whether false information reports linked to Supaporn Phimpong were intentionally submitted to the electronic reporting system, which is a violation of securities law.

Key facts

Summary

The regulator has removed a series of securities acquisition reports filed by Ms Supaporn from its disclosure system after finding such information was inaccurate, said SEC secretary-general Pornanong Budsaratragoon.

An initial examination of seven controversial Form 246-2 filings covering six listed securities was completed. The reports, submitted on June 30 and July 2, were published via the SEC's self-reporting disclosure system before irregularities were detected.

Read full article at Bangkok Post →