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Sri Lanka Equity Forum » Stock Market Talk » Forex trading legal?

Forex trading legal?

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1 Forex trading legal? on Tue Mar 26, 2013 8:29 am

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can someone give a exact answer?Yes or No?.

2 Re: Forex trading legal? on Tue Mar 26, 2013 11:37 am

Redbulls

avatar
Director - Equity Analytics
Director - Equity Analytics
Up to now NO.
Still this link is official, I hope. ( Couldn't find any amedments)
http://www.cbsl.gov.lk/pics_n_docs/09_lr/_docs/acts/exchange_control_act.pdf

3 Re: Forex trading legal? on Tue Mar 26, 2013 5:43 pm

traderathome

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Redbulls wrote:Up to now NO.
Still this link is official, I hope. ( Couldn't find any amedments)
http://www.cbsl.gov.lk/pics_n_docs/09_lr/_docs/acts/exchange_control_act.pdf
Yes Not legal Very Happy

4 Re: Forex trading legal? on Wed Mar 27, 2013 10:15 am

knockknobbler


Manager - Equity Analytics
Manager - Equity Analytics
I'm not sure whether there is any Rule / Regulation to say it is is legal.
But,to my knowledge, there is NO Rule/Regulation to say Forex trading is illegal.
I know , no. of people, Institutions Banks engage in forex trading.

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