Local market participants have given mixed reviews to the performance of securities regulators, according to a survey by Thammasat University's Research and Consultancy Institute. While the Securities and Exchange Commission received credit for its efforts to promote good corporate governance, survey participants gave much lower marks for its performance as a watchdog for the securities market.
Overall however, the survey showed a positive view of the SEC's operations this year, with most saying performance had improved compared with the past.
Pravej Ongartsittigul, a senior assistant secretary-general at the SEC, said the agency scored highest for its effectiveness in helping lift the corporate governance standards of listed companies.
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