BSEC

Salman F. Rahman, Vice Chairman of Beximco Pharmaceuticals and Private Industry and Investment Advisor to ousted Prime Minister Sheikh Hasina, has agreed to step down from the company's board of directors amid the country's changed political landscape. Initiatives are underway to reconstitute the board dropping him.Beximco Pharma recently informed the Bangladesh Securities and Exchange Commission (BSEC) of this decision in a memo. It is understood that the BSEC has given its consent to the board...

The Bangladesh Securities and Exchange Commission (BSEC) has decided to conduct direct spot inspections if needed upon receiving indications of risks in the operations of brokerage houses. However, there will be no prior notice for these activities. Joint inspection teams will suddenly appear at the firms without any warning. Simultaneously, the commission has decided to form a permanent joint panel to directly verify the actual financial and operational conditions of the institutions.A new fram...

The Bangladesh Securities and Exchange Commission (BSEC) has approved a draft amendment to the Margin Rules 2025 but warned that the proposed regulation is not yet final. The commission said incomplete, misleading, and unrealistic information about the draft amendment has recently appeared in various media outlets before the public consultation process has begun, creating confusion among investors. It urged all concerned to refrain from publishing speculative or partial information be...

The Bangladesh Securities and Exchange Commission (BSEC) has decided to begin the process of revoking the registration certificates of six merchant banks after they failed to meet the minimum net capital requirement and other financial eligibility criteria. The institutions have long faced allegations of violating regulatory requirements and remaining largely inactive. The commission reached the decision after conducting special investigations as part of the preliminary process for can...

Action will be taken to halt the trading of shares of companies whose production or business operations have been shut down for a long period, announced Masud Khan, Chairman of the Bangladesh Securities and Exchange Commission (BSEC). He said, "No mature stock market in the world allow trading of shares of defunct companies like they do in our country. Therefore, necessary measures will be taken to suspend the trading of such companies' shares in the interest of investors."He made these rem...

Stock Market Revitalized by News of BSEC RestructuringThe country's stock market has been reinvigorated by a series of positive developments. Enthusiasm is growing among investors. The stock market has begun to turn around due to various initiatives, including the restructuring of the regulatory bod...

The Bangladesh Securities and Exchange Commission (BSEC) has taken a strict stance following allegations of irregularities in margin loan management in the country’s stock market. As part of this move, the regulator has decided to conduct on-site inspections of three brokerage houses that are me...

 Allegations of market manipulation have surfaced against eight BO (Beneficiary Owners) accounts operated under stock market intermediary merchant bank Southeast Bank Capital Services Limited and individuals linked to those accounts. To examine the allegations of possible manipulation, the...

The regulatory body, the Bangladesh Securities and Exchange Commission (BSEC), has issued detailed guidelines for converting close-ended (fixed-term) mutual funds into open-ended (non-term) funds. The information was published on Thursday (May 7) through an order signed by BSEC Chairman Khondaker Ra...