Asia Pacific: Pulling punches

Author: | Published: 21 Mar 2016

Thailand has been shaken to its core lately by one of the country's biggest, most egregious insider trading scandals in recent decades. But insider trading is not a new phenomenon in Thailand. And it would be unwise to assume this exposé will bring about a palpable change.

Last December the Securities & Exchange Commission (SEC) slapped a Bt33.3m ($1 million) fine on three senior executives from CP All, operator of the 7-Eleven convenience store franchise in Thailand, for insider trading violations dating back to 2013.

The SEC had launched an investigation...