Sani Securities (Broker 42) Hasn't Been Suspended; Sharesansar's Humble Apology

Sharesansar published news this morning about the suspension of Sani Securities from trading for 7 trading days. We prepared news according to the input we received.

Image: We received input that was hard to distinguish from the truth. 

In the past, we have received numerous news from third party sources that have helped us to unveil truthful news as early as possible to the general public and investors. This is how we were the first to inform when Meroshare did not load, when NEPSE was accused of misrepresenting data, when traffic police obstructed bank officials from going to their workplace, and numerous other instances when the individual investor was left in the dark. We believe that is how the free press works, without fear or favor. However, in this process, we are provided with fake news now and then.

The news about the suspension of Sani Securities turned out to be fake. Sani Securities has not been suspended from trading. While Sharesansar is the first to publish authentic news from credible sources, it is also the first to apologize when it makes mistakes. Sharesansar apologizes to the respective broker company and investors who were misled by the news published this morning.

Our portal is committed to making Nepal's investment community as transparent and unbiased as it can get. This is only possible if we take every spoke of the wheel together. With the incident that happened today, we assure everyone reading this that our review and editing department will now be more conscious than ever to ensure the accuracy of facts.