RegAlert

Rule · BSEC · 28 Nov 2012

Directive to repeal clause 2 of directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009

securities

The Securities and Exchange Commission repeals clause 2 of directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009. This repeal removes the prohibition that prevented stock brokers from providing loan facilities to purchase newly listed securities or existing listed securities during the first 30 trading days after listing or categorization change. The repeal takes immediate effect.

BangladeshBangladesh Securities and Exchange Commission

No. SEC/CMRRCD/2009-193/140 November 28, 2012 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 repeals the following clause 2 of the directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009:- “2. The stock brokers shall not provide loan facilities￾a) to purchase any newly listed security in between 1st to 30th trading day after listing of the said security; b) to purchase any existing listed security in between 1st to 30th trading day after change of categorization of the said security.”. This shall have immediate effect. By order of the Securities and Exchange Commission

Prof. Dr. M. Khairul Hossain
Chairman.

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: Superseded

A newer document in RegAlert replaces this one.

CMRRCD Directive No. 2001-43/169dated 2009-10-01Not in RegAlertCMRRCD Directive No. 2001-43/169 dated 2009-10-01 — Not in RegAlertDirective to repeal clause 2of directive No. SEC/CMRRCD/2…2012-11-28 · this documentDirective to repeal clause 2 of directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009 (2012-11-28)Directive on Margin Loans forNewly Listed Securities and Chang…2015 · BSECDirective on Margin Loans for Newly Listed Securities and Changed Categories (2015-10-27)
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)
Superseded by
Supersedes
  • CMRRCD Directive No. 2001-43/169 dated 2009-10-01Not in RegAlert

    “the Securities and Exchange Commission hereby repeals the following clause 2 of the directive No. SEC/CMRRCD/2001-43/169 dated October 01, 2009”

Timeline

Amended 1 time · last 2015-10-27

More like this from BSEC

BSEC published 2 documents in the last 30 days. We email you each new one the day it's published.

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

In RegAlert: added