SEC sends three letters to Daily FT Editor

opfdo · 26 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 8:53 pm

opfdo

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GMNet wrote:If SEC wants to be transparent and publish their letters in their official website that's fine with all of us and we all appreciate the transparency.

But where are the so called letters they have sent to other manipulators, front runners and wrongdoers... Show in the official website the letters they have sent to the people they have found guilty and charged and suspended ???

Why are they only showing letter sent to media. This not natural justice!!!

yes GM. but what to do? This is SL

Whitebull · 27 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 9:03 pm

Whitebull

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GMNet wrote:If SEC wants to be transparent and publish their letters in their official website that's fine with all of us and we all appreciate the transparency.

But where are the so called letters they have sent to other manipulators, front runners and wrongdoers... Show in the official website the letters they have sent to the people they have found guilty and charged and suspended ???

Why are they only showing letter sent to media. This not natural justice!!!

Some of these actions are available.Just check the press releases.

http://www.sec.gov.lk/?cat=19&lang=en

http://www.sec.gov.lk/?page_id=431&lang=en

opfdo · 28 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 9:17 pm

opfdo

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Whitebull wrote:

opfdo wrote:

opfdo wrote:

hariesha wrote:

opfdo wrote:

thighrokker wrote:

Mettasena wrote:WHEN CAREFULLY ANALYSED:

Surprising to note that on third letter dated 20 June 2012 SEC Chairman Thilak Karunaratne's 'SIGNATURE IS DIFFERENT?'

And SEC asks for our trust?

it seems someone has signed on behalf of him & forgot to write "for", or he is having two or more sigs

We can't verify the signature here as these are scanned documents. So any gimmick is possible. If the signatures are different in the original documents, then FT should publish those in the FT itself, without publishing in a forum like this. It seem to be Daily FT editor has proven his unprofessional , biased and bone less attitude again and again.
1. He has leaked a letter he received from the Capital Market Regulator.
2. He is using an investor’s forum to highlight the signature differences and discredit the head of Capital Market Regulator, where he could have use his own newspaper.
I think more deep investigations should carry out to find out any involvement by Daily FT on share manipulations.

the letter dated 20th not leaked by FT, it is published on the sec web,
http://www.sec.gov.lk/?p=4003&lang=en

I just cross check the SEC annual report, & found that it is not his Sig, (letter 20th) & other letters not published in the SEC also
http://www.sec.gov.lk/?p=3958&lang=en

For me it seems someone has singed on be half of him. It is normally happening on urgent matter, when boss out of the office by having his authority.

Other letters are also published.Just check the press releases on 28th.So it is not leaked from FT.

thanks machan.I didn't see that.

RIO · 29 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 9:34 pm

RIO

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kamal9perera wrote:Hey guys just saw this.

One advice, the best thing is to not comment on things that you don’t know. In this case, professional English letter writing.

In the last letter dated 20th June, the SEC Chairman has addressed the Editor of Daily FT as ‘Dear Sir” and it is very official. So the full signature is there.

The other two letters (Dated 28th May) he has addressed the Editor as Dear Nisthar; it is a friendly letter though it is official. The Chairman has put his name there.

I appreciate some of the comments published here. We should support the SEC in its efforts against corrupt investors and media guys.

Love to learn Professional English & how to write Friendly Official & Very Official Letters...

Very Official - Dear Sir.....end as Chairman SEC
Friendly Official - Dear Machan Editor,....ending as Just Chairman.....Is that the Prof letter writing.....?

Before Jump ...analyze & research carefully...read all post by Osfdo....you ll get it...!

wiki · 30 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 10:44 pm

wiki

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GMNet wrote:

But where are the so called letters they have sent to other manipulators, front runners and wrongdoers... Show in the official website the letters they have sent to the people they have found guilty and charged and suspended ???
Why are they only showing letter sent to media. This not natural justice!!!

Letters sent to manipulators, front runners and wrongdoers as a part of investigation I think.. so those letters can not be published..

hariesha · 31 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 10:53 pm

hariesha

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Whitebull wrote:

opfdo wrote:

opfdo wrote:

hariesha wrote:

opfdo wrote:

thighrokker wrote:

Mettasena wrote:WHEN CAREFULLY ANALYSED:

Surprising to note that on third letter dated 20 June 2012 SEC Chairman Thilak Karunaratne's 'SIGNATURE IS DIFFERENT?'

And SEC asks for our trust?

it seems someone has signed on behalf of him & forgot to write "for", or he is having two or more sigs

We can't verify the signature here as these are scanned documents. So any gimmick is possible. If the signatures are different in the original documents, then FT should publish those in the FT itself, without publishing in a forum like this. It seem to be Daily FT editor has proven his unprofessional , biased and bone less attitude again and again.
1. He has leaked a letter he received from the Capital Market Regulator.
2. He is using an investor’s forum to highlight the signature differences and discredit the head of Capital Market Regulator, where he could have use his own newspaper.
I think more deep investigations should carry out to find out any involvement by Daily FT on share manipulations.

the letter dated 20th not leaked by FT, it is published on the sec web,
http://www.sec.gov.lk/?p=4003&lang=en

I just cross check the SEC annual report, & found that it is not his Sig, (letter 20th) & other letters not published in the SEC also
http://www.sec.gov.lk/?p=3958&lang=en

For me it seems someone has singed on be half of him. It is normally happening on urgent matter, when boss out of the office by having his authority.

Other letters are also published.Just check the press releases on 28th.So it is not leaked from FT.

Yes I saw on SEC site. Very pathetic. It can’t say some body sign on behalf of chairman. Then he has to place his signature and state that he is signing on behalf of chairman. Clearly this guy is not suitable as chairman of SEC or he is just sending letters with no legal value to mislead the public.

On the other hand daily FT is very detrimental on CSE and Economy. I saw in last year they publish “ MANAR OIL – A HOAX “ in the first page.

Whitebull · 32 Re: SEC sends three letters to Daily FT Editor Wed Jun 27, 2012 11:40 pm

Whitebull

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I also do not have any faith on SEC.This typically shows their iresponsible behaviour.

I do not know much about FT as I ususally do not log in to their site.

UKboy · 33 Re: SEC sends three letters to Daily FT Editor Thu Jun 28, 2012 1:35 am

UKboy

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hariesha wrote: Most of the investors do not have faith in SEC. But FT journalism is more unprofessional. It’s sad there’s no impartial and independent business daily for Sri Lankan investors.

anubis wrote:@hariesha: That was exactly my thought! this guy is trying to gather some negative public opinions against SEC it seems. Very very unprofessional.

SEC may have its own issues, but this sort of attacks are so disgusting.

And as always, there's a crowd of people showing up to follow and support him, very sad.

K.Haputantri wrote:Well done Dr. TK. "Prostitution" in so called business pages of new papers need to be exposed and punished. We expect more action on those beggers who live on bribes from manipulaters. We salute you sir for the GOOD work done.

Good points by all three members.
We all know SEC is not the best. But they have to show some resistance against some of these irresponsible reporters.
There's no big different between these types of reporters & brokers

K.Haputantri · 34 Re: SEC sends three letters to Daily FT Editor Thu Jun 28, 2012 8:58 am

K.Haputantri

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GMNet wrote:If SEC wants to be transparent and publish their letters in their official website that's fine with all of us and we all appreciate the transparency.

But where are the so called letters they have sent to other manipulators, front runners and wrongdoers... Show in the official website the letters they have sent to the people they have found guilty and charged and suspended ???

Why are they only showing letter sent to media. This not natural justice!!!

I see some confusion in here among members on "the natural justice" aspect of publishing SEC letters. As I understand, the three leters sent to FT and posted in here are meant for publication in the FT as it concerns right to reply. However, all other letters which are not published were letters sent as per SEC regulations adressed to individuals for clarification and hence they are private- not meant for publication. Therefore, the issue of violation of natural justice does not arise. Pl. correct me if I am wrong.