Stock market regulator: Making it a ‘toothless tiger’ not a good sign

Monday, 20 August 2012 00:00 - - {{hitsCtrl.values.hits}}

The peculiar Colombo Stock Market

The Colombo Stock Market is a peculiar place. It doesn’t create just plain news. It creates scary news.

First, it was agitations by a group of market participants, known as high net-worth investors, for the removal of the Chief Executive Officer of its watchdog, Securities and Exchange Commission or SEC, from his post. His crime: getting too tough on investors who have been alleged to have practised the crime of engaging in ‘market manipulation for personal gain’ and ‘insider trading’ at the cost of other market investors.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

Stock market regulator: Making it a ‘toothless tiger’ not a good sign

Recent columns

COMMENTS