RegAlertRule · BSEC · 22 May 2022
Maximum limit of credit facilities (Trecholders)
The Bangladesh Securities and Exchange Commission amends Directive No. BSEC/Surveillance/2020-975/516 to permit TREC holders of stock exchanges to extend credit facilities to approved clients at a 1:1 basis, representing 100% of the client's margin or deposit. This allowance applies specifically to any individual stock with a price-earnings ratio of up to 40 under the Margin Rules, 1999. The directive takes immediate effect and remains in force until further order.
Bangladesh Securities and Exchange Commission
No. BSEC/Surveillance/2020-975/80
May 22, 2022
Directive
Considering the interest of the investors at the current global situation, the Commission hereby amends earlier issued Directive No. BSEC/Surveillance/2020-975/516 dated November 15, 2021 in the following way, until further order:
The TREC holders of the stock exchanges may extend maximum limit of credit facilities to their approved clients at 1:1 Basis i.e. 100% of the clients margin/deposit for any individual stock having price-earnings ratio (P/E) up to 40 (forty) under the Margin Rules, 1999.
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
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.
Similar documents from other regulators
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