🔔 SEC Sri Lanka Marks 38 Years of Capital Market Stewardship

The Securities and Exchange Commission of Sri Lanka (SEC) celebrated its 38th Anniversary with a bell-ringing ceremony at the Colombo Stock Exchange (CSE) on 30 October. • CSE Chairman highlighted the SEC’s "steadfast partnership" and critical leadership in strengthening Sri Lanka’s capital market. • SEC Chairman Prof. Hareendra Dissabandara noted the Commission's history, established in 1987 and now operating under the comprehensive SEC Act No. 19 of 2021 (replacing the initial 1987 Act). • Key clarifications on the SEC’s role: • The SEC is only one part of the entire securities ecosystem, working alongside issuers, investors, the CSE, and other professionals. • The Chairman categorically affirmed that the core regulatory role has not been forgotten, despite the focus on market development. • The SEC reaffirms its mission to create a fair, orderly, and transparent capital market while protecting investors, with a vision to become a regional leader in effective regulation.