It says, “The resignation of two SEC Chairpersons within a period of less than one year will be viewed with concern by investors, corporates and other stakeholders”.
Ceylon Chamber of Commerce says, An effective and stable regulatory framework is critical to ensure a robust and sustainable capital market, which delivers long term value to all stakeholders.
Yesterday, SEC Chief Thilak Karunaratne has told Reuters news agency that he will resign during this week.
http://www.news360.lk/markets/stock-market/news-sri-lanka%E2%80%99s-14-08-2012-main-business-chamber-is-concerned-about-the-impending-resignation-of-sec-chairman-6675874