The much awaited announcement which kept the stock exchange jittery for weeks was finally made yesterday, with the market closed for a special bank holiday. The country’s capital markets watchdog the Securities and Exchange Commission (SEC) announced that limits imposed on brokers to extend credit would be relaxed which would increase the amount of credit available in the market by Rs. 5 billion.
However, a leading broker firm has warned that the market would have to look for other sources for capital because the fresh infusion of credit would soon wear-out.
http://forum.srilankaequity.com/t14998-sri-lanka-newspaper-17-01-2012#97577