1. To remove bottlenecks and create awareness for investment in long term securities
2. To serve as efficient bridge between the public and private sectors
3. Create an environment which will encourage local companies to go public
4. To grant approvals and licences to brokers
5. To operate a compensation fund to protect investors from financial losses should licenced brokers fail to meet their contractual obligation
6. Act as a watchdog for the entire capital market system
7. To establish operational rules and regulations on placement of securities
8. To implement government programs and policies with respect to the capital markets.
Kavungya answered the question on March 12, 2019 at 05:54