SEC, CSE join forces to broad-base capital market                       

A joint committee of the Securities and Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) has been appointed to consider measures that need to be taken to broad-base the capital market, educate and create awareness amongst the general public and to make appropriate recommendations.
SEC board members Suhada Gamalath PC, Sunil Lankathilake, Manil Jayesinghe, Naresh Abeysekera, SEC Director General Chinthaka Mendis and directors Tushara Jayaratne and Prabash Wanigatunge will serve as the SEC nominated members of the Committee, a SEC media release said on Thursday. 
The Committee will identify measures that is required to encourage companies to use the capital market to raise capital, foster broad visibility and collaboration regionally and internationally, engage in stakeholder education and awareness with an intention to broad-base the investor community and enhance investor confidence and facilitate greater public participation in the securities market across the geographical regions of the country and internationally. (DEC)