RegAlert

Rule · BSEC · 15 Nov 2021

Margin Loan Directive (TREC Holders)

credit

TREC holders of the stock exchanges are permitted to extend credit facilities at a 1:0.80 basis, representing 80% of the clients margin or deposit, to their approved clients for any individual stock with a price-earnings ratio up to 40. This directive repeals Commission’s Directive No. BSEC/Surveillance/2020-975/240 dated August 12, 2021, and takes immediate effect until further order.

BangladeshBangladesh Securities and Exchange Commission

Bangladesh Securities and Exchange Commission

No. BSEC/Surveillance/2020-975/516 15 November 2021

Directive

Considering the interest of the investors, the TREC holders of the stock exchanges may extend credit facilities at 1:0.80 basis, that is 80% of the clients margin/deposit, to their approved clients for any individual stock having price-earnings ratio (P/E) up to 40 (forty) under the Margin Rules, 1999, until further order.

Commission’s Directive No. BSEC/Surveillance/2020- 975/240 dated August 12, 2021 is hereby repealed.

This shall have immediate effect.

By order of the Bangladesh Securities and Exchange Commission

Professor Shibli Rubayat-Ul-Islam
Chairman

Securities Commission Bhaban, E-6/C Agargaon, Sher-e-Bangla Nagar Administrative Area, Dhaka-1207, Bangladesh Phone (PABX): +88-02-55007131-2, Fax: +88-02-55007106, Email: info@sec.gov.bd, Web: www.sec.gov.bd

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RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Margin Rules, 1999Not in RegAlertMargin Rules, 1999 — Not in RegAlertCommission’s Directive No.BSEC/Surveillance/2020- 975/240 d…Not in RegAlertCommission’s Directive No. BSEC/Surveillance/2020- 975/240 dated August 12, 2021 — Not in RegAlertMargin Loan Directive (TRECHolders)2021-11-15 · this documentMargin Loan Directive (TREC Holders) (2021-11-15)
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)
Supersedes
  • Commission’s Directive No. BSEC/Surveillance/2020- 975/240 dated August 12, 2021Not in RegAlert

    “Commission’s Directive No. BSEC/Surveillance/2020- 975/240 dated August 12, 2021 is hereby repealed.”

Issued under
  • Margin Rules, 1999Not in RegAlert

    “under the Margin Rules, 1999”

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