The Bangladesh Securities and Exchange Commission (BSEC) was established on 8th June, 1993 under the Securities and Exchange Commission Act, 1993. The Chairman and Members of the Commission are appointed by the government and have overall responsibility to administer securities legislation. The Commission is a statutory body and attached to the Ministry of Finance.
The Bangladesh Securities and Exchange Commission’s main functions are:
-Regulating the business of the Stock Exchanges or any other securities market.
-Registering and regulating the business of stock-brokers, sub-brokers, share transfer agents, merchant bankers and managers of issues, trustee of trust deeds, registrar of an issue, underwriters, portfolio managers, investment advisers and other intermediaries in the securities market
-Registering, monitoring and regulating of collective investment scheme including all forms of mutual funds.
-Monitoring and regulating all authorized self regulatory organizations in the securities market.
-Prohibiting fraudulent and unfair trade practices relating to securities trading in any securities market.
|Address||Jiban Bima Tower (14th, 15th, 16th & 20th Floor). 10, Dilkusha Commercial Area., Dhaka 1000, Bangladesh.|
|Category||Business & Finance >> Stock Exchange|
|Total Views:||629 Users|