, the highly active market in 1987 drew in short-term speculation that led to unfair market practice amidst inefficient investor protection. To address the aforesaid issues, the Securities and Exchange
Stock Exchange Seminar, Bangkok, May 11, 2011 Time for capital markets in Asia to rise Speech by Mr. Thirachai Phuvanatnaranubala, Secretary-General, SEC Thailand and Chairman of the ASEAN Capital Markets