Top SL investor in SEC probe
“We wrote to him recently pertaining to some suspect share transactions,” one SEC official told the Business Times.
According to industry sources the investor has decided to maintain a low profile. “He isn't trading much and as a result turnover levels in the market have been low,” an analyst said.
www.sundaytimes.lk
- sereneTop contributor
- Posts : 4850
Join date : 2014-02-26
Re: Top SL investor in SEC probe
Redbulls wrote:The Securities and Exchange Commission has called for explanations from a high networth investor on his recent share market transactions, SEC sources said.
“We wrote to him recently pertaining to some suspect share transactions,” one SEC official told the Business Times.
According to industry sources the investor has decided to maintain a low profile. “He isn't trading much and as a result turnover levels in the market have been low,” an analyst said.
www.sundaytimes.lk
- smallvilleTop contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
Re: Top SL investor in SEC probe
Wat to suspect?
OH.. his minimal involvement has made a whole lotta controversy?
- sereneTop contributor
- Posts : 4850
Join date : 2014-02-26
Re: Top SL investor in SEC probe
smallville wrote:So if his trading is minimal, is SEC questioning him for not manipulatin the market or wat?
Wat to suspect?
OH.. his minimal involvement has made a whole lotta controversy?