Santosh Narayan Shrestha, chairman of Nepal Securities Board, has said that he will present himself with ruthlessness to suppress illegal activities in the capital market. He said that since the board has moved forward with the basic slogan of making the market fair, transparent and well-governed, it will not allow all kinds of immoral activities to take place.
Addressing the 30th Annual General Meeting of the Stockbrokers Association of Nepal on Thursday, Chairman Shrestha asserted that the protection of the interests of ordinary investors will be the highest priority.
Chairman Shrestha said that in this process, fraudulent transactions, insider trading, inciting investors to buy and sell shares and other unethical activities in the market will be ruthlessly suppressed. "With the development of the market, the challenges have also increased. It is necessary to increase the institutional capacity to solve the challenges," he said He said to do. Chairman Shrestha also said that the board will follow the instructions from the higher authorities. He also said that he will work to solve the problems seen in matters such as margin trading. He instructed the brokers to clear the transactions done by the investors in a timely manner.
