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Code of Ethics for capital market influencers in the pipeline

December 18, 2025

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The Island

The Securities and Exchange Commission (SEC) of Sri Lanka is planning to introduce a Code of Ethics or a set of guidelines for the activities of capital market influencers to protect the public from ongoing scams involving the swindling money from potential investors in the share market.

- BY HIRAN H SENEWIRATNE

Code of Ethics for capital market influencers in the pipeline

Tushara Jayaratne: 'Priority for public protection'

"The market regulator has already identified Blue Ocean Securities Limited and Gladius South Asia as involved in such scams, which are being investigated by the relevant authorities, said Deputy Director General of the SEC Tushara Jayaratne.

The Deputy Director General also said that Gladius was using their their logo in a fraudulent manner to promote their business as well.

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