Kathmandu. Nepal Investors Forum and Share Investors Association Nepal have disagreed with the statement issued by the Nepal Securities Board (NSB) on July 20 regarding 51 listed companies. Regulators of any country in the world disagreed saying that it is not appropriate to invest in companies that have been approved to operate. These unions have issued a joint statement protesting the board's move.

The Board's job is to help investors gain immediate access to any company's information, to keep the company's activities up-to-date through audio-visual, electronic media, web sites, etc. The unions allege that the board has been disturbed by the need to create an environment that can create an investment perception by accurately analyzing the information.

The regulatory body is a regulatory body that has to play a neutral role like a referee in any game. It does not discriminate against any company. Is it wrong to do (looking to the future)? If such companies are at risk, why not remove them from the listing process? There are different styles and methods of analyzing the company, should all investors accept the analysis of Nepal Securities Board in letter and spirit? There is also the question of unions.

The problems faced by investors on a daily basis are TMS, Close Out, Mero Share problem, presence of brokers across the country to provide free access to general investors, including licensing new brokers, access to bank subsidiaries, broker transactions, unilateral commissions on buying and selling. The unions have expressed serious concern over the growing activities of the Securities and Exchange Board (SEB) as an institution that manipulates the stock market, overshadowing the highest interest of investors such as reviewing the commission and reducing capital gains tax.