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Cambodia: Regulators keeping a close eye on derivatives market
Cambodia: Regulators keeping a close eye on derivatives market
Thursday, 11 August 2016 – Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight.
Speaking at Cambodia?s first forum on the benefits of derivative trading, members of the regulatory board charged with safeguarding the market said that regulations already in place were sufficient to protect investors.
Sou Socheat, director-general of the Securities Exchange Commission of Cambodia (SECC), stressed that it has been an arduous process to come up with rules and regulations to legally allow gold, silver and currency derivative trading ? volatile transactions that allow for both huge profits and massive losses.?Read More?