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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Investigation Starts says Mr.Karunaratne

Investigation Starts says Mr.Karunaratne

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1Investigation Starts says Mr.Karunaratne Empty Investigation Starts says Mr.Karunaratne Fri Mar 06, 2015 6:52 pm

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Capital market regulator, the Securities and Exchange Commission (SEC) will revive the investigations against the alleged capital market offenders involved in pumping and dumping of shares, leaving thousands of innocent retail investors destitute during 2010 and 2011, the re-appointed Chairman, Thilak Karunaratne said.



“We are reviewing some of these cases again and trying to do justice to those who have got played out,” Karunaratne said addressing the Sri Lanka Legal Summit 2015, yesterday.

He said the new SEC Act will have to be redrafted with certain amendments to adequately enhance the regulator’s power in curbing fraudulent acts.
However, he said at least 18 months will take for the new draft to become legislation.

Some of the investor protections contemplated by the draft will prevent serious market misconduct just being settled with a fine; disallow market offenders to serve on boards of the Public Limited Companies (PLCs) etc.

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
for the future of the market i hope the wrongdoers are punished ! so it will be an example for the rest

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Sure, He try to bring the market index Below 5000 like ealier

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
ASIA Best market in 2014 most of the time this year bad year

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Investigation Starts says Mr.Karunaratne 8c2e2fca7355b1cdaa36541f4879e75e_XL
He can't do anything best

Sylvester1234


Senior Equity Analytic
Senior Equity Analytic
This foolish old man knows nothing about his job. he thinks that he is a COP. GOD help the market.

Ask him to catch Arjun Allosiyas First

Sylvester1234


Senior Equity Analytic
Senior Equity Analytic
This foolish old man knows nothing  about his job.  he thinks that he is a COP.  GOD help the market.

Ask him to catch Arjun Allosiyas First

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Sylvester1234 wrote:This foolish old man knows nothing  about his job.  he thinks that he is a COP.  GOD help the market.

Ask him to catch Arjun Allosiyas First


Hi can't catch any big fish he will try to catch only poor retails investors.

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
we need  Develop the market Then you also become popular like Nalaka 

Otherwise again you become a failure man we need more foreign investment 

as investors we vote for MS to better capital market

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
CSE and SEC How they approved PCH and CIFL for list in Colombo stock market.

Vptilak


Manager - Equity Analytics
Manager - Equity Analytics
[quote="Sylvester1234"]This foolish old man knows nothing  about his job.  he thinks that he is a COP.  GOD help the market.

Ask him to catch Arjun Allosiyas First[/quote

Well said.

Teller

Teller
Moderator
Moderator
The worse performing market will be in 2015. Almost 5 years to spend for investigations. Nothing will happen even investigate the only thing public will get a wrong picture about CSE


_________________




Teller said is said..

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Sylvester1234 wrote:This foolish old man knows nothing  about his job.  he thinks that he is a COP.  GOD help the market.

Ask him to catch Arjun Allosiyas First
may be nature will save us

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
These acts will impact the cse.

What bull market some people are talking!

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I hope he catches the people who pumped and dumped CIFL

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
All the positive note market going because this old guy doing nothing he knows how collapse not to develop the equity market

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