RegAlertRule · BSEC · 26 Oct 2009
Directive to DSE, CSE about all listed MFs related to margin loan
The Securities and Exchange Commission directs stock dealers and stock brokers of Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited to immediately stop providing or disbursing any further loan or credit facilities to their clients under Margin Rules, 1999, for the purchase of units of all listed Mutual Funds. This prohibition remains in effect until further order. The directive has immediate effect.
No.SEC/CMRRCD/2001-43/204 October 26, 2009
DIRECTIVE
The Securities and Exchange Commission, in exercise of the power conferred on it under
section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of
1969), hereby directs the stock dealers/stock brokers of Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited to immediately stop providing or disbursing of any further loan or credit facilities to their clients under Margin Rules, 1999, to purchase the units of all listed Mutual Funds until further order. This shall have immediate effect. By order of the Securities and Exchange Commission
Md. Ziaul Haque Khondker
Chairman.
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The links and the sentences they come from (2)
- Amends
- Margin Rules, 1999Not in RegAlert
“stop providing or disbursing of any further loan or credit facilities to their clients under Margin Rules, 1999”
- Issued under
- Ordinance No. XVII of 1969Not in RegAlert
“in exercise of the power conferred on it under section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969)”
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