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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Phone tapping a solution to insider trading ? Maximum Fine for Insider trading Rs3.3 million

Phone tapping a solution to insider trading ? Maximum Fine for Insider trading Rs3.3 million

3 posters

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Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics


Read all about it. Is it possible in Sri Lanka?

http://www.thesundayleader.lk/2011/05/22/95-success-if-phone-tapping-allowed/

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Those amendments are expected to be on board in another year’s time.

why can't overnight, like they did rule fixing. Smile

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

To give the real offenders enough time to study the act well and find loop holes to evade the law putha.

Afterall can we have the BigWigs ending in shame like Raj?

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

they'll do it in person at a hotel or office, not even paperwork left then. all most all the insider traders are living in colombo. they can just meet in a few minutes. give the tip. get on with it. on the other hand in USA they have to take flight to do that.
if sri lankans get 'legal' permission to wiretap, other things can happen.
better thing to do is analyze the patterns in transactions, like in casino.

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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Phone tapping a solution to insider trading ? Maximum Fine for Insider trading Rs3.3 million

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