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25 May, 2012
Sri Lanka’s securities watchdog sets timelines for broker trading
http://www.lankabusinessonline.com/fullstory.php?nid=939536784
Specially things like this,
To prohibit Executive Directors, Employees, their spouses and their nominees of all licensed Stockbrokers and Stock dealers from selling listed shares purchased from the secondary market for a period of six (6) months from the date of purchase.
This was done by Thilak and others to make it difficult for the manipulators to pump and dump shares. They must have been really angry after this. The mafia could try to revert this probably covered up in some other new rule. So keep an eye on these.
Sri Lanka’s securities watchdog sets timelines for broker trading
http://www.lankabusinessonline.com/fullstory.php?nid=939536784
Specially things like this,
To prohibit Executive Directors, Employees, their spouses and their nominees of all licensed Stockbrokers and Stock dealers from selling listed shares purchased from the secondary market for a period of six (6) months from the date of purchase.
This was done by Thilak and others to make it difficult for the manipulators to pump and dump shares. They must have been really angry after this. The mafia could try to revert this probably covered up in some other new rule. So keep an eye on these.
Last edited by aj on Wed Sep 05, 2012 3:17 pm; edited 1 time in total
