CSE adds section for reporting market manipulations

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

(LBO)