The standoff between top leadership and staff at the Bangladesh Securities and Exchange Commission (BSEC) entered its second day yesterday, following protests triggered by the forced retirement of an executive director over graft allegations on Wednesday.

Delay in resolving the issue will hurt investor confidence, says association

The activities of the Bangladesh Securities and Exchange Commission came to a halt yesterday due to officials’ protest against the forced retirement of Saifur Rahman, an executive director.

No one expects to bear the consequences of offenses committed by another person. Yet, this is exactly what is happening in the stock market, where investors are suffering due to the wrongdoings of company directors.

Nine companies are given December 15 deadline and one November 30

60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training

The four-member committee will submit a report in 10 workdays

The company’s managing director says today

The five-member panel starts working today

The companies declared dividends last year, but failed to hand over those

The three-member panel formed by the BSEC was asked to submit report in 15 days

The regulator found Shakib and his company Monarch Holdings involved in several stock market manipulation

He will be in the post for the next four years

What can we do better? Why is Vietnam successful and not us?

They were awarded with the Independence Golden Jubilee Award 2023

The government yesterday appointed two commissioners at the Bangladesh Securities and Exchange Commission (BSEC) for a four-year term while extending the tenure of an existing commissioner by another term.

Analysts say the regulator’s intervention is denting investors’ confidence and it comes at a time when they are still smarting from the wounds caused by the 18-month-long floor price, a period when most of the stocks were untradeable.

Banks and financial institutions need to embrace global sustainability disclosure standards to access international financing and promote private sector development, said Mizanur Rahman, a commissioner of the Bangladesh Securities and Exchange Commission (BSEC).

The long-term imposition of the floor price has had a negative impact on the stock market, leading to the current bearish trend, according to Md Ashequr Rahman, managing director of Midway Securities.

An IMF team meets BSEC officials today