The Securities and Exchange Commission of Sri Lanka (SEC) has released a public advisory cautioning investors regarding the operations of Samagi Capital (Private) Limited, clarifying that this company lacks the necessary authorization to function as a stockbroker or stock dealer in Sri Lanka.
This advisory from the SEC comes after the identification of a counterfeit certificate circulating on social media, which falsely claims to provide Samagi Capital with a Broker Dealer License. The SEC has categorically stated that this document is fraudulent and was never issued by their agency.
In light of these findings, the SEC strongly urges the public to refrain from depositing any money into accounts linked to Samagi Capital (Private) Limited for trading activities on the Colombo Stock Exchange (CSE).
To safeguard against such fraudulent schemes, the SEC advises all investors to:
- Confirm the legitimacy of licenses through the official SEC or CSE websites.
- Engage in transactions only with stockbroker firms that possess a valid SEC license.
The commission has reiterated that protecting investors is a priority and has encouraged the public to conduct thorough research before investing any funds.
⚠️ PUBLIC NOTICE / INVESTOR WARNING
The Securities and Exchange Commission of Sri Lanka (SEC) aims to inform the public that “Samagi Capital (Private) Limited” is not authorized by the SEC to operate as a Stock Broker or Stock Dealer within Sri Lanka.
A certificate… pic.twitter.com/rEYfqyYjg6
— SEC SL – Capital Market Development & Awareness (@SEC_SriLanka) June 2, 2026
Financial Chronicle Biz English | Sri Lanka Business News.
