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Can there be another Covid-19 wave in Sri Lanka?

False or misleading statements Vote_lcap68%False or misleading statements Vote_rcap 68% [ 178 ]
False or misleading statements Vote_lcap18%False or misleading statements Vote_rcap 18% [ 47 ]
False or misleading statements Vote_lcap13%False or misleading statements Vote_rcap 13% [ 35 ]

Total Votes : 260

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » False or misleading statements

False or misleading statements

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1False or misleading statements Empty False or misleading statements Sat Oct 09, 2021 6:12 pm

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SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA ACT, No. 19 OF 2021
https://www.sec.gov.lk/wp-content/uploads/2021/09/PL-012514-E-Securities.pdf

False or misleading statements

130. A person shall not make a statement, or disseminate information that is false or misleading in a material particular and which is likely to have the effect of raising, lowering, maintaining or stabilizing the market price or volume of securities traded on an exchange licensed by the Commission or a platform operated by a recognised market operator,-

(a) without taking reasonable care to check the accuracy of the statement or information; or
(b) if he knows or could reasonably be expected to have known that the statement or information is false or misleading in a material particular.

147. (1) A person who contravenes sections 128, 129, 130, 131, 132 or subsections (2) and (3) of section 137 commits an offence and shall be liable on conviction to a fine of not less than ten million rupees or to imprisonment for a term not exceeding ten years or to both such fine and imprisonment.

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