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

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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

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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.

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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,

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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

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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.

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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

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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

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