Thursday, 12 October 2017

Use Submit A Tip section of CSE to report market manipulations

LBO - Colombo Stock Exchange has included a separate section inside their official website, allowing anyone to report market manipulations via online.

The Colombo Stock Exchange said this ‘submit a tip’ section intends to invite information and tips related to market manipulation and violations, enhancing market surveillance.

Individuals have the option to submit a tip without providing their personal details. It also has a feature to attach a file to prove the claim.

The CSE said it will treat all tips and information received under this section as confidential and will not disclose such information to any third-party unless required by any applicable statute, regulation or by the Order of a court of law.

The CSE also requests the individuals to maintain the confidentiality of the information submitted and refrain from sharing the information provided with them.

Upon receiving a legitimate tip off, the CSE market surveillance team is responsible of conducting an appropriate examination.

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