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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman

    sashimaal
    sashimaal
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    Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman Empty Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman

    Post by sashimaal Thu Jul 16, 2015 10:57 am

    ECONOMYNEXT - Sri Lanka's Securities and Exchange Commission should not hunt investors and companies and the practice had dealt a blow to corporate governance, a former regulator said, as the watchdog resumed stalled investigations into market scams.

    "This is where corporate governance has been dealt the biggest blow (kaney pahara)," Udayasri Kariyawasam, a former Chairman of the watchdog told reporters in Colombo on June 14.

    "The Securities and Exchange Commission is the market regulator.

    "Its job is not to hunt various companies like a policeman, to hunt various investors as a policeman. That is not its duty."

    He said in addition to undermining corporate governance there was also an idea that the SEC was going after some investors not based on a policy decision but because they have been 'encouraged' to do so by various people.

    There was uncertainty which was a 'killing factor' for stocks, he said.

    Kariyawasam said the stock market has fallen since the beginning of 2015. Values of stocks held by investors have fallen by more than 130 billion rupees he said.

    He said rising interest rates was also discouraging stock market investments in 2015.

    A new administration was elected in January, had re-instated an SEC Chairman sacked by the ousted Rajapaksa regime, who has re-opened stalled probes.

    During the last administration two SEC chairmen and a director general were replaced as they tried to probe pump and dump and cornering scams committed during a credit and stock market bubble that peaked in 2011.

    Sri Lanka's current administration is also embroiled in a central bank bondscam.

    The first SEC in the word in the US was also set up after US stock prices - particularly at the New York Stock Exchange - collapsed in the late 1920s with the end of the 'roaring 20's' economic and credit bubble fired by the Federal Reserve.

    The burst bubble led to the so-called Great Depression. In addition to the formation of the SEC, credit fired manipulations committed during the bubble also led to rules curbing margin trading and capital market activities allowed for commercial banks.

    In the US however in addition to the SEC, the serious securities frauds are also prosecuted by the New York District Attorney under anti-fraud and racketeering laws.
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman Empty Re: Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman

    Post by කිත්සිරි ද සිල්වා Thu Jul 16, 2015 11:37 am

    Is there anything wrong with doing it ?
    No other place in the world has not done so far does not mean that we should not try at least. Very Happy
    Ethical Trader
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    Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman Empty Re: Sri Lanka SEC should not hunt investors, firms like a policeman: former Chairman

    Post by Ethical Trader Thu Jul 16, 2015 4:46 pm

    කිත්සිරි ද සිල්වා wrote:Is there anything wrong with doing it ?
    No other place in the world has not done so far does not mean that we should not try at least. Very Happy

    Yes Kith, this guy is talking rubish. I feel the SEC has done nothing when compared to US regulators. Our guys are just sitting without doing any thing. ?What else the regulator should do other than regulation.

      Current date/time is Wed Jun 19, 2024 8:08 pm