The Securities and Exchange Commission of Sri Lanka (SEC), though a non-profit making statutory body has made a loss (deficit) of Rs. 13.19 million for the year ended 31st December 2014 in contrast to a profit (surplus) of Rs. 12.8 million recorded in 2013, official figures showed. SEC’s main revenue is generated through Broker License Fees, Administration Levy and through Educational Programmes conducted throughout the year.
During the year, while revenue from Educational Programmes declined from Rs. 7 million to Rs. 4 million, Capital Market Development Expenses rose from Rs. 66.2 million spent in 2013 to Rs. 102.7 million.