The Bangladesh Securities and Exchange Commission on Tuesday approved a proposal of Bangladesh Building Systems Limited, a steel manufacturing company, to raise a capital of Tk 14 crore through initial public offerings. The BSEC took the decision at a regular meeting of the
BSEC
BSEC to count bourses’ accounts till March 31 for revaluation
The Bangladesh Securities and Exchange Commission has asked the Dhaka and Chittagong stock exchanges to complete revaluation of the burses for demutualisation on the basis of the accounts ended on March 31. The BSEC in a meeting on Sunday asked top officials
BSEC moves for speedy disposal of cases
Bangladesh Securities and Exchange Commission has taken a move to change its lawyers to speed up the stock market scam-related cases, BSEC sources said. The BSEC has taken the initiative following a recommendation made by the parliamentary standing committee on capital market headed by AHM Mostafa Kamal.
Demutualisation Act comes into effect
The gazette notification of the much-talked about Demutualisation Act-2013 that will separate the bourses’ management from the ownership was published on Wednesday, said Bangladesh Securities and Exchange Commission officials. The BSEC got the gazette notification of the act, which was
BSEC seeks Tk 1,266cr loan from fin min for brokers, m-banks
The Bangladesh Securities and Exchange Commission has sent a proposal to the finance ministry that the brokerage houses and merchant banks should get Tk 1,266.69 crore in loans from the Bangladesh Bank to implement the compensation package for the investors affected by the stock market crash. In a report sent to the finance ministry the
BSEC unveils new logo
The Bangladesh Securities and Exchange Commission on Monday unveiled its new logo as the name of the capital market regulator was changed by an amendment last year. The logo was unveiled at a regular meeting of the commission presided over by its chairman M Khairul Hossain, a BSEC press release said.
Only 7,413 investors of 9.5 lakh receive interest waiver
Only 7,413 small-scale investors out of the 9,53,849 affected by the 2010-2011 stock market crash have got compensation under the government-announced package, a Bangladesh Securities and Exchange Commission data showed. The commission data sent to the finance ministry on Sunday
BSEC to meet stakeholders to attract foreign investment
The Bangladesh Securities and Exchange Commission has invited the capital market stakeholders to attend a meeting on May 8 to discuss ways to boost foreign investment in the market. To this end, the BSEC on April 15 issued letters to Bangladesh Bank, National Board of Revenue, Board of Investment, Dhaka Stock Exchange, Chittagong Stock Exchange,
BSEC’S enforcement actions rise in Jan-March
74 actions taken, 120 remain pending The Bangladesh Securities and Exchange Commission took 74 enforcement actions against different companies, brokerage houses and individuals in January-March of this year while the regulator enforced only 14 actions in October-December last year. BSEC sources said the improvement in the enforcement actions
3 stockbrokers fined Tk 7 lakh
Bangladesh Securities and Exchange Commission on Tuesday fined three brokerage houses Tk 7 lakh for violating different securities laws. The BSEC made the decision at a regular meeting at its office in the capital with its chairman M Khairul Hossain in the chair, said a BSEC release.
BSEC relaxes rules for margin account holders
The margin account holders who were barred from share trading due to a huge fall in share prices will now be able to trade as the Bangladesh Securities and Exchange Commission on Tuesday suspended the bar until September 30. The BSEC made the decision in a bid to break
BSEC seeks opinion from attorney general
The Bangladesh Securities and Exchange Commission on Monday decided to seek opinion from the attorney general about the legal aspects of issuing stock dividends by mutual funds for their unit holders. The BSEC made the decision after some asset management firms applied for issuing stock dividends for their unit holders. ‘The commission has decided