National Supervisory Authority & Licensing Qualification Dossier • North America
SEC
Sri LankaSecurities Exchange Commission of Sri Lanka
Source / Native Reference: 斯里兰卡证券及交易委员会
- Supervisory tier
- Tier-3
- License classes
- 4
- Licensed records
- 37
- Active / regulated
- 37
Statutory Supervisory Mandate & Scope
Autorité des marchés financiers (Québec AMF) (AMF) is the Tier-1 statutory financial markets and securities supervisory authority in Canada (Québec). It grants and supervises financial services licences across broker-dealers, investment advisers, asset managers, and market operators, enforcing initial and ongoing prudential capital requirements, segregated client asset rules, market conduct standards, and public register disclosures.
Supervises securities broker-dealers, registered investment advisers (RIAs), national securities exchanges, clearing agencies, alternative trading systems (ATS), ETFs, and public issuer disclosures across U.S. capital markets.
Prudential Tier Assessment
Tier-3Primary G7 federal securities & capital markets supervisor enforcing the Securities Exchange Act of 1934, Investment Advisers Act of 1940, and Investment Company Act of 1940.
National licensing qualifications & statutory authorisation classes (SEC)
Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by SEC in Sri Lanka.
| License class / code | Official designation | Permitted institutional & retail activities | Minimum initial / base capital | Ongoing prudential & solvency rule |
|---|---|---|---|---|
| Form BD (Clearing BD) | Carrying & Clearing Broker-Dealer Registration | Securities execution, margin financing, customer custody, prime brokerage, and institutional clearing. | USD $250,000 minimum Net Capital (or 2% of aggregate debit items under the Alternative Standard; often USD $10M+ for prime brokers). | Rule 15c3-1 Net Capital ratio (maximum 15:1 aggregate indebtedness or ≥2% of customer debit balances) + FOCUS Report Part II filings. |
| Form BD (Introducing BD) | Non-Carrying / Introducing Broker-Dealer | Agency order routing, institutional execution, private placements, and M&A advisory without holding customer funds. | USD $5,000 to USD $50,000 minimum Net Capital depending on dealer vs agency-only scope. | Continuous Rule 15c3-1 compliance, FINRA membership, and annual PCAOB-registered independent audit. |
| Form ADV (Federal RIA) | SEC-Registered Investment Adviser | Discretionary institutional portfolio management, pension mandate advisory, private fund (3(c)(1)/3(c)(7)) and ETF management. | Minimum USD $100 million in Regulatory Assets Under Management (RAUM) for federal registration (no fixed statutory capital floor unless holding custody). | Fiduciary duty under Section 206, annual Form ADV & Form PF filings, and surprise independent custody examination under Rule 206(4)-2. |
| Form ATS-N | Alternative Trading System / Dark Pool Operator | Operation of institutional electronic limit order books and crossing networks for NMS stocks and fixed-income securities. | Subject to Broker-Dealer Net Capital Rule 15c3-1 + Fair Access & Reg SCI systems integrity capital. | Public Form ATS-N order-type/routing disclosures, quarterly volume reporting, and Regulation SCI cyber resilience audits. |
Investor compensation, client money segregation & digital-asset regime
Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under SEC.
Securities Investor Protection Corporation (SIPC)
- Maximum coverage per client
- USD $500,000 per customer capacity (including up to USD $250,000 for cash claims)
- Eligible counterparties & scope
- Retail and institutional securities brokerage customers of SIPC-member broker-dealers (excludes commodity futures or unregistered digital asset contracts).
SEC Rule 15c3-3 (17 CFR § 240.15c3-3 — Customer Protection Rule)
- Reconciliation & audit cadence
- Mandatory physical possession or control of fully paid and excess margin securities; weekly/daily Special Reserve Bank Account computation.
- Approved custodian requirements
- Qualified U.S. bank or registered clearing agency (DTCC / NSCC) free of any lien or encumbrance by the broker-dealer.
Spot Crypto ETP Approvals, Special Purpose Broker-Dealer (SPBD) & Howey Investment Contract Enforcement
- Travel Rule, custody & stablecoin rules
- Qualified Custodian requirement under Advisers Act Rule 206(4)-2; joint FinCEN BSA/AML Travel Rule compliance above USD $3,000.
Primary Governing Statutes & Rulebooks
- Securities Act of 1933 & Securities Exchange Act of 1934 (15 U.S.C. § 78a et seq.)
- Investment Advisers Act of 1940 & Investment Company Act of 1940 (Rule 6c-11 ETF Framework)
- SEC Rule 15c3-1 (Net Capital Rule) & Rule 15c3-3 (Customer Protection & Reserve Formula)
- Regulation Best Interest (Reg BI) & Regulation ATS / Regulation NMS
Regulatory Reporting & Audit Obligations
Monthly/Quarterly FOCUS Reports (Form X-17A-5) and annual financial statements audited by a PCAOB-registered accounting firmConsolidated Audit Trail (CAT) real-time order-event reporting and Rule 13f-1 institutional holdings disclosuresSuspicious Activity Reports (SARs) via FinCEN BSA E-Filing within 30 calendar days of detection
Cross-Border Equivalence & Passporting
No automatic foreign passporting; non-U.S. broker-dealers rely on SEC Rule 15a-6 chaperoning arrangements with a registered U.S. broker-dealer to solicit Major U.S. Institutional Investors.
Supervised institutions & SEC licence records in our database
37 licence records referencing SEC (37 regulated/registered).
| Institution | Licence number | Status | Licensed legal entity | Effective date | Verification |
|---|---|---|---|---|---|
| JPMorgan Chase & Co | 0000019617 | Regulated | JPMORGAN CHASE & CO | — | |
| NAL | Number pending check | Regulated | Sterling Bank Limited | — | |
| BAM(Global network record) | 1906829 | Regulated | BAM Trading Services Inc. | 2019-02-04 | |
| Binance(Global network record) | Not supplied | Regulated | Gulf Binance | 2023 | |
| Coinbase(Global network record) | 1163082 | Regulated | Coinbase, Inc. | 2014-04-01 | |
| OKX(Global network record) | Number pending check | Regulated | Okcoin Philippines Technology Co. Ltd. | — | |
| OKX(Global network record) | 1767779 | Regulated | OKCoin USA Inc | 2018-12-05 | |
| Robinhood(Global network record) | 1702840 | Regulated | Robinhood Crypto, LLC | — | |
| Robinhood(Global network record) | 1990968 | Regulated | Robinhood Money, LLC | — | |
| Robinhood(Global network record) | 0001561014 | Regulated | Robinhood | — | |
| eToro(Global network record) | 8-70212 | Registered | ETORO USA SECURITIES INC. | 2023-03-31 | |
| Doo Prime(Global network record) | 8-41551 | Regulated | DOO FINANCIAL US, INC. | — | |
| CheckOut(Global network record) | 1791692 | Regulated | Checkout | 2017-11-29 | |
| Okcoin(Global network record) | 1767779 | Regulated | OKCoin USA Inc | 2018-12-05 | |
| Okcoin(Global network record) | Number pending check | Regulated | Okcoin Philippines Technology Co. Ltd. | — | |
| OKCoin Japan(Global network record) | 1767779 | Regulated | OKCoin USA Inc | 2018-12-05 | |
| OKCoin Japan(Global network record) | Number pending check | Regulated | Okcoin Philippines Technology Co. Ltd. | — | |
| StoneX(Global network record) | CRD 136795 / SEC 8-68179 | Regulated | StoneX Financial Inc. | 2015 | |
| bitFlyer(Global network record) | 1528491 | Regulated | bitFlyer USA, Inc. | 2017-02-20 | |
| CoinZoom(Global network record) | 1735216 | Regulated | CoinZoom, Inc. | 2018-09-27 | |
| Eddid Financial(Global network record) | 8-70253 | Registered | EDDID SECURITIES USA INC. | — | |
| Farmers(Global network record) | CIK 0000714537 | Regulated | F & M Bank Corp. | 1984 | |
| TradeZero(Global network record) | 8-69736 | Regulated | TRADEZERO AMERICA, INC. | 2019 | |
| XTX(Global network record) | 8‐70009 | Regulated | XTX MARKETS LLC | 2017-12-13 | |
| Bitstamp(Global network record) | 1905429 | Regulated | Bitstamp USA, Inc. | 2020-02-24 | |
| Gemini(Global network record) | 1518126 | Regulated | Gemini Trust Company,LLC | 2016-02-02 | |
| Pionex(Global network record) | 2284360 | Regulated | Pionex | 2021-07-12 | |
| Binance.US(Global network record) | 1906829 | Regulated | BAM Trading Services Inc. | — | |
| Bitwise(Global network record) | 801-122073 | Regulated | Bitwise Asset Management, Inc. | 2017 | |
| coinlion(Global network record) | 1737546 | Regulated | Coin Lion, LLC | 2018-07-16 | |
| Huobi(Global network record) | Not supplied | Regulated | บริษัท หั่วปี้ (ประเทศไทย) จํากัด Huobi | — | |
| Worldpay(Global network record) | 1139280 | Regulated | Worldpay | 1985-04-08 | |
| Bitazza(Global network record) | Number pending check | Regulated | Bitazza Co., Ltd | — | |
| bitkub(Global network record) | Not supplied | Regulated | Bitkub Online Co.,Ltd. | — | |
| ERX(Global network record) | 310280090003 | Regulated | ERX Limited | — | |
| GMO-Z.com(Global network record) | 310180070002 | Regulated | GMO-Z.com Cryptoomics (Thailand) Co., Ltd. | — | |
| Quidax(Global network record) | Number pending check | Regulated | Quidax Technologies Limited | 2024 |
SEC (Sri Lanka): institutional licensing & due diligence FAQ
Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.
What are the primary licensing classes and minimum capital requirements under SEC (Sri Lanka)?
SEC (Securities Exchange Commission of Sri Lanka) supervises financial institutions in Sri Lanka under Securities Act of 1933 & Securities Exchange Act of 1934 (15 U.S.C. § 78a et seq.) and Investment Advisers Act of 1940 & Investment Company Act of 1940 (Rule 6c-11 ETF Framework). Key statutory authorisation classes include: Form BD (Clearing BD) (Carrying & Clearing Broker-Dealer Registration — min. capital: USD $250,000 minimum Net Capital (or 2% of aggregate debit items under the Alternative Standard; often USD $10M+ for prime brokers).); Form BD (Introducing BD) (Non-Carrying / Introducing Broker-Dealer — min. capital: USD $5,000 to USD $50,000 minimum Net Capital depending on dealer vs agency-only scope.); Form ADV (Federal RIA) (SEC-Registered Investment Adviser — min. capital: Minimum USD $100 million in Regulatory Assets Under Management (RAUM) for federal registration (no fixed statutory capital floor unless holding custody).); Form ATS-N (Alternative Trading System / Dark Pool Operator — min. capital: Subject to Broker-Dealer Net Capital Rule 15c3-1 + Fair Access & Reg SCI systems integrity capital.). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.
Does SEC provide statutory investor compensation and mandatory client asset segregation?
Under SEC's framework, investor protection is governed by Securities Investor Protection Corporation (SIPC) with maximum coverage of USD $500,000 per customer capacity (including up to USD $250,000 for cash claims) (Retail and institutional securities brokerage customers of SIPC-member broker-dealers (excludes commodity futures or unregistered digital asset contracts).). For client money and custody assets, supervised firms must comply with SEC Rule 15c3-3 (17 CFR § 240.15c3-3 — Customer Protection Rule), performing mandatory physical possession or control of fully paid and excess margin securities; weekly/daily special reserve bank account computation. with qualified u.s. bank or registered clearing agency (dtcc / nscc) free of any lien or encumbrance by the broker-dealer..
How does SEC regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?
SEC's digital-asset regime is structured around Spot Crypto ETP Approvals, Special Purpose Broker-Dealer (SPBD) & Howey Investment Contract Enforcement (Active federal enforcement & Spot Bitcoin/Ether ETP Exchange-Traded Product surveillance-sharing framework.). Custody and AML/CFT compliance obligations require: Qualified Custodian requirement under Advisers Act Rule 206(4)-2; joint FinCEN BSA/AML Travel Rule compliance above USD $3,000.
How can I verify an institution's SEC licence number and check our 37 recorded licence entries?
Our database currently tracks 37 licence records referencing SEC (37 marked regulated or registered). To verify a counterparty at the primary source, open SEC's official public register (http://www.sec.gov.lk/), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.
Related regulatory & market structure briefings
Research and compliance analysis from FinLexicon Wiki relevant to SEC and Sri Lanka.
Statutory Law & Custody Architecture
Statutory Client Asset Segregation & Insolvency Waterfalls: Comparative Legal Architecture of FCA CASS 7, SEC Rule 15c3-3, SIPA, and EU MiFID II Custody Regimes (2026)
A definitive statutory and insolvency-law reference comparing UK FCA CASS 7 statutory trusts, US SEC Rule 15c3-3 customer reserve formulas and SIPA liquidations, EU MiFID II Article 16(8)-(10) title-transfer prohibitions, and Japanese FIEA Article 43-2 trust bank mandates.
Prudential Regulation & Capital Standards
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Statutory Definition, Regulatory Scope & Compliance Deadlines (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing exact rule citations, covered entities
Market Microstructure & Derivatives Taxonomy
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Balance-Sheet Netting Mechanics & RWA Capital Weight Calculation (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing multilateral netting compression and T
ISDA & Counterparty Credit Lexicon
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Clearinghouse Default Waterfall & Margin Segregation Rules (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing omnibus versus legally segregated oper
Statutory licensing classes, base capital rules, and investor protection summaries for SEC (Sri Lanka) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on SEC’s official public register.