Thai CEO challenges regulator's first executive penalty since insider trading scandal

A brokerage CEO has become the first ever executive to challenge a penalty imposed by Thailand's stock market regulator, in the first disciplinary case involving an executive since an insider trading scandal prompted calls for stricter market oversight. Apple Wealth Securities Chief Executive Prasit Srisuwan denied wrongdoing after the Securities and Exchange Commission (SEC) said it had banned him from working at any securities firm for two years due to lax client supervision. The case comes af