In terms of Rule 11.3.8. (1) (c) of Stockbroker Rules of the Colombo Stock Exchange (CSE), the Board of Directors of the CSE has decided to prohibit Bartleet Religare securities (pvt.) Ltd (BMS) from carrying out purchase of securities on the Automated Trading System of the CSE on behalf of its clients and own account on Tuesday, 10th December 2019.

Prior to the Board of Directors making a determination to suspend or terminate the membership of the Stockbroker Firm in terms of Rule 11.3.8 (1) of these Rules, the Stockbroker Firm shall be given at least seven (7) clear days notice of the meeting of the Board at which the question of its suspension or termination is to be discussed and shall be afforded an opportunity to explain its conduct to the Board of Directors.