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No market can survive on manipulation

+3
Kumar
opfdo
Asoka Samarakone
7 posters

Go down  Message [Page 1 of 1]

1No market can survive on manipulation Empty No market can survive on manipulation Mon Jan 23, 2012 8:58 pm

Asoka Samarakone


Expert
Expert

No market can survive on manipulation
No one seems to care enough to do something to effectively address this issue. Of course, there have been so many articles that have appeared in various newspapers which give various solutions, but so far no action has been taken by the concerned.
Regulators collusion with investors actually created the mess that we're in right now, are largely oblivious to the very real pain being experienced by the people they're supposed to represent and protect.
Not following the rules has been the name of the game for a longtime and that appears to be dictated by their level in the social hierarchy which they feel they must exercise. The time has now come to eliminate that acquired superiority complex derived by their inferiority and selfish thinking.
Regulators role is mostly behind the scenes -- not actually driving the ship, just plotting the course. It will hurt, sure. But it must happen. If not now, it will be much worse later. There are the rules and then there are the ethics that stakeholders are expected to follow regardless whether they are major investors or not. All stakeholders must follow these rules and ethics to the letter. These rules and ethics make the capital market.
We want the winds to blow and the seas to churn. We need the government to step out of the way and let the natural forces of economics take hold. We need the media to tell the truth about what's happening.
We need transparency in the financial markets Nothing is workable if it's not transparent. Transparency has to be at the root of every resolution, of every solution. Keep that in mind, because a lack of transparency is currently what's missing and what continues to hamper any workable solution to the problems we've been trying to tackle.
No market can survive on manipulation, insider trading or ‘pump and dump’. The response of the regulator may not be the ideal, but no response at all would have been irresponsible.

The regulator thus has a statutory obligation to risk minimize and mitigate the implications to the economy, to the local and global reputation of the capital market and to the role it plays as a conduit for fund raising.
It has also to ensure that the capital market is a forum for rational, individual investors whose pockets are less deep than those with many cash cushions to fall back on and who have been enjoying that warmth for two decades.
Like cancer, corruption spreads quickly and always seems impossible to cure. It drains economies, costs jobs, breaks down the human spirit and, if we don’t take a stand and fight it, it soon becomes the norm. The golden rule tells us that we must “do unto others what you want done to you”. Lead by example and set the “right” tone. Do the right thing,” no matter what the cost to your organization and personal lives. Every faith teaches us that we reap what we sow. No good deed erases a wrong deed.
Government is committed to protecting the public from unscrupulous entrepreneurs or those who disguise themselves as philanthropists but destroy people’s wealth. (SEC) the regulatory body should not bow to any pressure against investigating allegations of market manipulation and undue price fluctuations.

You must first learn to do the right thing no matter what the cost. They must know right from wrong. It is important and necessary to ensure a level-playing field and when these rules are applied, they must be applied equally to all. Let’s hope the market will settle down this year and bring the necessary returns to deserving investors.

Asoka Samarakone

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics

thank you samare uncle Smile

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

SEC should learn from FSA UK or SEC in USA.
They imposed hefty fine on the culprits. None of the politicians interfere.
But in Srilanka you can see what is happening?
Sorry to say everyone from top to bottom in the civil or any service are corrupted.
If we won't change these type of administration, we will write or post these type of article for another 100 years +.

4No market can survive on manipulation Empty Re: No market can survive on manipulation Tue Jan 24, 2012 11:38 am

prasadrmb

prasadrmb
Manager - Equity Analytics
Manager - Equity Analytics

thanks for sharing ur view

5No market can survive on manipulation Empty Re: No market can survive on manipulation Wed Jan 25, 2012 12:32 pm

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Kumar wrote:
Sorry to say everyone from top to bottom in the civil or any service are corrupted.
If we won't change these type of administration, we will write or post these type of article for another 100 years +.
sorry, I can't agree with you here. because there are so many officers who are not corrupted. As a hole we can accept this. but name every individual is not fair.

6No market can survive on manipulation Empty Re: No market can survive on manipulation Wed Jan 25, 2012 12:37 pm

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

cseguide wrote:
Kumar wrote:
Sorry to say everyone from top to bottom in the civil or any service are corrupted.
If we won't change these type of administration, we will write or post these type of article for another 100 years +.
sorry, I can't agree with you here. because there are so many officers who are not corrupted. As a hole we can accept this. but name every individual is not fair.

My apologies cseguide. My wording should be considerable amount of people in the civil or any service.
Thanks a lot for notifying.
If I hurt any one my sincere apologies.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

Thanks for the correction

arjunaedirisinghe


Equity Analytic
Equity Analytic

Ane Uncle, but I like GREG.N. Any way many thanks uncle

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

arjunaedirisinghe wrote:Ane Uncle, but I like GREG.N. Any way many thanks uncle

We can see to that in coming weeks Twisted Evil Twisted Evil

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