‘Most investors in Sri Lanka trade on inside information’

Referring to last week’s article under the above headline, the Securities and Exchange Commission chairperson Indrani Sugathadasa has rejected the claim and protested over insinuations pertaining to the comment ‘………while in Sri Lanka all officials or appointees to regulatory bodies are directly or indirectly related to business. In such a situation they don’t want to stop insider trading as they are dealing with friends, colleagues and politicians…’