Type of enforcement action

Name of Party

Conduct and outcome


Mandadige Ajith Rohan Fernando

The Commission after having considered the findings of the Investigations Division, decided to warn this individual against his failure to comply with the highest standards of professional conduct and integrity required of a person dealing with clients in terms of section 3.1 of the CSE Stockbroker Rules and avoid conflicts of interest, that arose due to his trading in the CDS Accounts of his family members while being employed as an investment advisor.

Date of Warning : 28th November 2023


SC Securities (Pvt) Limited

Violation of Rule 2.5.1 of the then Stockbroker Rules of the Colombo Stock Exchange, on 6th March 2014 by forwarding the online Trading credentials of a client to a third party without the prior written consent of the concerned client.

Date of Warning : 28th November 2023