The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn an order on investigating fund transfers of RACE Asset Management PLC while returning the right to manage the funds to the asset manager.
It follows a directive from the finance ministry
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
The DSEX advanced 44.92 points, reaching 5209.76 as of 11:04 am.
Finance adviser to visit BSEC today
The investors claimed that the BSEC chairman had failed to prevent the market's downturn.
NCC Bank plans to appeal the decision and seek a review
The decision was made yesterday at a meeting between BSEC Chairman Khondoker Rashed Maqsood, Rear Admiral Mir Ershad Ali, director general of the Bangladesh Coast Guard, and other officials from the armed forces
The stock market regulator formulated a large number of policies, rules and regulations and passed orders in the last 15 years citing the best interests of investors.
The finance ministry formed the six-member panel, which includes representatives from the Bangladesh Securities and Exchange Commission (BSEC), the commerce ministry, and the Registrar of Joint Stock Companies and Firms
The Bangladesh Securities and Exchange Commission (BSEC) is set to investigate all the activities of Strategic Equity Management Ltd (SEML) since its inception in 2007, and to check for any anomalies
The Bangladesh Securities and Exchange Commission (BSEC) has ordered the Dhaka Stock Exchange (DSE) to investigate the unusual price surge of Khan Brothers PP Woven Bag Industries
Former Dhaka University teacher Farzana Lalarukh has been appointed as the new commissioner of Bangladesh Securities and Exchange Commission (BSEC) for the next four years
All these troubled banks were externally audited, and received clean chits. Yet, we see very little discussion regarding such audit failures.
Less than a year after Prof Shibli Rubayat-Ul Islam was appointed as chairman of the Bangladesh Securities and Exchange Commission (BSEC) in May 2020, the regulator started holding roadshows abroad to lure in foreign investors and boost the local market.
Prof Shibli Rubayat-Ul-Islam is likely to be reappointed as the chairman of Bangladesh Securities and Exchange Commission (BSEC) for another four-year term
BSEC has lifted the floor price for Anwar Galvanizing, Orion Pharmaceuticals and Renata as part of its move to bring back vibrancy to the market.
