Rule · BSEC · 17 Nov 2021
The Bangladesh Securities and Exchange Commission directs stock-brokers to open two additional consolidated customers’ accounts (CCA) in their names with any scheduled bank. These accounts must be established in the same manner as specified in sub-rule (1) of rule 6 of the Securities and Exchange Rules, 2020. This directive takes immediate effect and remains in force until further order.
Securities Commission Bhaban
E-6/C Agargaon, Sher-e-Bangla Nagar
Administrative Area, Dhaka 1207, Bangladesh
BSEC/CMRRCD/2001-80/29
Dated: 17 November 2021
Whereas the Bangladesh Securities and Exchange Commission (hereinafter referred to as the ‘Commission’) deems it to be appropriate that in the interest of investors and development of securities market, certain directions should be issued to ensure the effective operation of the consolidated customers’ accounts (CCA) maintained by the stock-brokers;
Now, therefore, in exercise of the powers conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Commission hereby directs the stock-brokers to comply the following requirements until further order, namely:
Every stock-broker may open two additional consolidated customers’ accounts (CCA) in its name with any scheduled bank in the same manner as mentioned in sub-rule (1) of rule 6 of the Securities and Exchange Rules, 2020.
This shall have immediate effect.
By order of the Bangladesh Securities and Exchange Commission
Professor Shibli Rubayat-Ul-Islam
Chairman.
“মুজিববর্ষের অঙ্গীকার উন্নয়ন-অর্থায়নের উৎস হবে পুঁজিবাজার”
Phone (PABX): +88-02-55007131-2
Fax: +88-02-55007106
E-mail: info@sec.gov.bd
Web: www.sec.gov.bd
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“in exercise of the powers conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”
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