agreed or conspired on creating the false appearance of the price and volume of ACD shares by continuously transacted in the shares pushing it to the higher price. This actions misled the general public
Earlier, the Civil Sanction Committee decided to impose civil penalties against the 40 offenders for manipulating AJD shares* but they either failed to acknowledge or refused to comply with the civil sanction imposed by the Civil Sanction Committee. It was then considered that the 40 offenders refused to extinguish the case with the SEC. Therefore, the SEC requested the public prosecutor to bring the case against all offenders for the Civil Court to impose the highest civil sanction...
continuously trading PICO’s shares in his four securities trading accounts, that is, he submitted trading orders in a manner to drive up the share price by submitting a large number of trading orders. As a
price manipulation of SCI, GSC, ASIAN, FLOYD, and RP” (https://www.sec.or.th/TH/Pages/News_Detail.aspx?SECID=9855&NewsNo=25&NewsYear=2566&Lang=TH).
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later entirely cancelled. This action mentioned above is considered as placing sell orders in such a way that misleads other persons regarding the price or volume of securities trading.The SEC’s