A  Regional Training Conference on “Effective Oversight of Capital Markets: Investigation and Prosecution of Securities  Fraud and Abuse” was organized by the Securities and Exchange Commission of Sri Lanka (SEC) in association with the United States Securities and Exchange Commission (US SEC) recently.

The conference was designed for capital market regulators engaged in surveillance, investigation and enforcement. A large number of participants from 14 countries and officials of the Colombo Stock Exchange, Central Bank of Sri Lanka and the Attorney General’s Department of Sri Lanka attended the conference on the invitation from the SEC.

The conference addressed best practices in the oversight of capital markets to maximize investor protection and facilitate capital formation. The conference emphasised practical solutions to common market problems and abuses with the goal of making the capital market a more efficient and dynamic engine that provides low cost capital for economic growth and development.