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Chairperson & Officials
Securities and Exchange Commission of Sri Lanka
Dear officials,
Last year you imposed rules to clear credit by the end of the year. Following your plan I sold my shares at a loss and lost almost half of my hard earned money. I earned that money from working for a private company sometimes 7 days a week to bring Euros to your country. I didn't steal or murder or did any fraud. I didn't do any insider trading. I didn't gamble. But just because I followed your rules I lost that money. If I kept that money for 2 more months I could have even made a profit. But you changed the rules in an instant. And I lost.
I heard from the leaks you have given to the brokers and your friends that you're are going to change the rules for may be the hundredth time of the never ending changes to your rules. When enforcing rules they should not affect the past. We have bought and sold shares according to your rules. But you change the rules. If you want to change the rules please inform in advance around 6 months. You cannot change the rules overnight. Let's say you want to change the T+5 rule. Announce that from 31 December 2011, T+5 rule will be changed as follows...
Your constant changes have cost the law abiding citizens and true investors a lot of their lawfully earned money.
Thank you.
Copy;
Mrs. Indrani Sugathadasa
Mr. D K Hettiarachchi
Mr. Sujeewa Mudalige
Mr. Lolitha Abeysinghe
Mr P D J Fernando
Mr. Priyantha Jayawardana
Mr. C P E Gunasingam
Mr. Mohamed Zuraish Hifaz Hashim
Mr. D. Widanagamachchi
Mr. Malik Cader
Mr. Dhammika Perera
Miss. Ianthie Jayaratne
Miss. Surana Fernando
Mr. Chandu Epitawala
Dr. D B P H Dissa Bandara
Mr. Vajira Wijegunawardene
Mr Namal Kamalgoda
Securities and Exchange Commission of Sri Lanka
Dear officials,
Last year you imposed rules to clear credit by the end of the year. Following your plan I sold my shares at a loss and lost almost half of my hard earned money. I earned that money from working for a private company sometimes 7 days a week to bring Euros to your country. I didn't steal or murder or did any fraud. I didn't do any insider trading. I didn't gamble. But just because I followed your rules I lost that money. If I kept that money for 2 more months I could have even made a profit. But you changed the rules in an instant. And I lost.
I heard from the leaks you have given to the brokers and your friends that you're are going to change the rules for may be the hundredth time of the never ending changes to your rules. When enforcing rules they should not affect the past. We have bought and sold shares according to your rules. But you change the rules. If you want to change the rules please inform in advance around 6 months. You cannot change the rules overnight. Let's say you want to change the T+5 rule. Announce that from 31 December 2011, T+5 rule will be changed as follows...
Your constant changes have cost the law abiding citizens and true investors a lot of their lawfully earned money.
Thank you.
Copy;
Mrs. Indrani Sugathadasa
Mr. D K Hettiarachchi
Mr. Sujeewa Mudalige
Mr. Lolitha Abeysinghe
Mr P D J Fernando
Mr. Priyantha Jayawardana
Mr. C P E Gunasingam
Mr. Mohamed Zuraish Hifaz Hashim
Mr. D. Widanagamachchi
Mr. Malik Cader
Mr. Dhammika Perera
Miss. Ianthie Jayaratne
Miss. Surana Fernando
Mr. Chandu Epitawala
Dr. D B P H Dissa Bandara
Mr. Vajira Wijegunawardene
Mr Namal Kamalgoda
Last edited by Quibit on Tue May 17, 2011 12:24 pm; edited 4 times in total (Reason for editing : Topic title changed)
