They said that the HNWI had complained to the capital market regulator that the comments in the website has alleged about his share transactions, which were baseless. After warnings against misleading investors by SEC, investnow.lk, decided to close in late January. SEC sources told the Business Times that they were also monitoring other websites that offer advice on investing in the stock market.
“Some of these sites can disseminate information which can lead to share manipulations, which is a main reason to monitor them,” a SEC source said.
What could be the site and who do you think the said investor?