RegAlert

Rule · BSEC · 14 Jul 2015

Directive No. BSEC/Surveillance/2014-0840/683 dated July 14, 2015

securities

The Bangladesh Securities and Exchange Commission repeals Directive No. BSEC/Surveillance/2014-0840/449(A) dated November 18, 2014. It directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to stop treating the security of Shahjibazar Power Company Limited as marginable securities under the Margin Rules, 1999. Consequently, stock dealers and brokers are prohibited from providing margin loan facilities for the purchase of this security. This directive becomes effective on the trading day of July 21, 2015, and remains in force until further notice.

BangladeshBangladesh Securities and Exchange Commission

BANGLADESH SECURITIES AND EXCHANGE COMMISSION
JIBON BIMA TOWER (14, 15, 16 & 20 FLOOR), 10 DILKUSHA C/A, DHAKA-1000, BANGLADESH

No. BSEC/Surveillance/2014-0840/ 683

Dated: July 14, 2015

DIRECTIVE

In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Bangladesh Securities and Exchange Commission hereby repeals its Directive No. BSEC/Surveillance/2014-0840/449(A) dated November 18, 2014 and also directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. that; -

The stock exchanges shall not entertain the security of Shahjibazar Power Company Limited as "marginable securities" under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999 and the stock dealers/brokers shall not provide margin loan facilities to purchase the said security.

This Directive shall be effective from the trading day of 21st July 2015, and shall continue until further Directive.

By order of the Bangladesh Securities and Exchange Commission

(Signature) 14.07.15
Prof. Dr. M. Khairul Hossain
Chairman.

Distribution:

  1. Dhaka Stock Exchange Ltd.
  2. Chittagong Stock Exchange Ltd.
  3. Central Depository Bangladesh Ltd.

Phone (PABX): +880-2-9568101-2, +880-2-9561525, Fax: +880-2-9563721, e-mail: secbd@bdmail.net, Web: www.secbd.org, www.sec.gov.bd

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Lineage: Superseded

A newer document in RegAlert replaces this one.

Securities and Exchange Ordinance,1969 (XVII of 1969)Not in RegAlertSecurities and Exchange Ordinance, 1969 (XVII of 1969) — Not in RegAlertSURVEILLANCE Directive No.BSEC/Surveillance/2014-0840/449(A…Not in RegAlertSURVEILLANCE Directive No. BSEC/Surveillance/2014-0840/449(A) dated 2014-11-18 — Not in RegAlertDirective No.BSEC/Surveillance/2014-0840/6…2015-07-14 · this documentDirective No. BSEC/Surveillance/2014-0840/683 dated July 14, 2015 (2015-07-14)Directive on withdrawal ofnon-marginable security status of…2016 · BSECDirective on withdrawal of non-marginable security status of the shares of Shahjibazar Power Company Limited (2016-09-01)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Superseded by
Supersedes
  • SURVEILLANCE Directive No. BSEC/Surveillance/2014-0840/449(A) dated 2014-11-18Not in RegAlert

    “the Bangladesh Securities and Exchange Commission hereby repeals its Directive No. BSEC/Surveillance/2014-0840/449(A) dated November 18, 2014”

Issued under
  • Securities and Exchange Ordinance, 1969 (XVII of 1969)Not in RegAlert

    “In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”

Timeline

Amended 1 time · last 2016-09-01

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