RegAlert

Rule · BSEC · 20 Oct 2009

Directive to DSE, CSE not to consider non-dematted securities as marginable

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The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. to cease entertaining paper securities as marginable securities under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999. This directive applies to the stock exchanges regarding the treatment of non-dematted securities. The measure takes immediate effect.

BangladeshBangladesh Securities and Exchange Commission

No. SEC/CMRRCD/2001-43/189 October 20, 2009 DIRECTIVE In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Securities and Exchange Commission hereby directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. that; - The stock exchanges shall not entertain the paper securities of the issuers, as “marginable securities” under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999. This shall have immediate effect. By order of the Securities and Exchange Commission

Md. Ziaul Haque Khondker
Chairman.

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Securities and Exchange Ordinance,1969 (XVII of 1969)Not in RegAlertSecurities and Exchange Ordinance, 1969 (XVII of 1969) — Not in RegAlertMargin Rules, 1999Not in RegAlertMargin Rules, 1999 — Not in RegAlertDirective to DSE, CSE not toconsider non-dematted securit…2009-10-20 · this documentDirective to DSE, CSE not to consider non-dematted securities as marginable (2009-10-20)
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 (2)
Amends
  • Margin Rules, 1999Not in RegAlert

    “The stock exchanges shall not entertain the paper securities of the issuers, as “marginable securities” under clause (d) of sub-rule (12) of rule 3 of the Margin Rules, 1999.”

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)”

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Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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