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Present Chairman of SEC. Mr Thilak Karunaratne is part of the 100 day plan of the current regime to bring back people who suffered during the previous regime (Irrespective of their efficiencies or capabilities). Shirni B gracefully stayed for 1 day in office and resigned. Thilak K might probably need more days to accomplish his task at SEC. But RW and this Govt has given him only 100 days.
There are only 50 days remaining for Mr Thilak K to plan what he is going to do for SEC other than is vindictive action which is pushing the market on a downward spiral amidst political uncertainty.
So don't worry, market will pick up after he complete his revengeful action to punish all those who profited from the market irrespective of whether it is inside trading or outside trading. Market will flourish once he departs the SEC gracefully and pave way for a more suitable person to carryon this challenging task.
There are only 50 days remaining for Mr Thilak K to plan what he is going to do for SEC other than is vindictive action which is pushing the market on a downward spiral amidst political uncertainty.
So don't worry, market will pick up after he complete his revengeful action to punish all those who profited from the market irrespective of whether it is inside trading or outside trading. Market will flourish once he departs the SEC gracefully and pave way for a more suitable person to carryon this challenging task.
