Rule · BSEC · 11 Jan 2011

Order Regarding Merchant Banker Rules dated 10.1.11-95

The Securities and Exchange Commission suspends the operation of Clause (b) of Sub-rule (1) of Rule 16k of the Securities and Exchange Commission (Merchant Banker and Portfolio Manager) Rules, 1996, until June 30, 2011. This order becomes effective from January 11, 2011, and applies to entities regulated under the specified Merchant Banker and Portfolio Manager Rules.

BangladeshBangladesh Securities and Exchange Commission

No.- SEC/CMRRRC/2009-193/95 dated January 10, 2011

Order

The Securities and Exchange Commission, in the interest of investors and the capital market, hereby suspends the operation of Clause (b) of Sub-rule (1) of Rule 16k of the Securities and Exchange Commission (Merchant Banker and Portfolio Manager) Rules, 1996, until June 30, 2011.

This order shall come into force from January 11, 2011.

For Securities and Exchange Commission Md. Ziaul Haque Khondker Chairman

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Amends

Securities and Exchange Commission (Merchant Banker and Portfolio Manager) Rules, 1996Not in RegAlert
“hereby suspends the operation of Clause (b) of Sub-rule (1) of Rule 16k of the Securities and Exchange Commission (Merchant Banker and Portfolio Manager) Rules, 1996”