RegAlert

Rule · BSEC · 15 Mar 2010

Order to merchant bankers related to margin loan ratio 1:1.5

securities

The Securities and Exchange Commission sets the maximum margin loan ratio at 1:1.5, effective March 18, 2010, until further notice. Merchant bankers and portfolio managers are required to distribute margin loans based on this ratio while ensuring compliance with Directive No. 7 for determining the market value of portfolios or securities. This order applies to all merchant bankers.

BangladeshBangladesh Securities and Exchange Commission

No. SEC/CMARRC/2001-43/30 Date: March 15, 2010

Order

In exercise of the powers conferred under Rule 36 of the Securities and Exchange Commission (Merchant Bankers and Portfolio Managers) Rules, 1996, the maximum limit for margin loans specified in Directive No. 6(1) of the Schedule is hereby re-determined as 1:1.5 (one to one point five). Based on this, Merchant Bankers (Portfolio Managers) may distribute available margin loans to their clients and customers from March 18, 2010, until further directives are issued.

It is noted that in determining the market value of portfolios/securities for this purpose, compliance with Directive No. 7 must be ensured.

For Securities and Exchange Commission

Md. Ziaul Haque Khondakar
Chairman

Distribution:
All Merchant Bankers

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: No known changes

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

Securities and Exchange Commission(Merchant Bankers and Portfolio M…Not in RegAlertSecurities and Exchange Commission (Merchant Bankers and Portfolio Managers) Rules, 1996 — Not in RegAlertOrder to merchant bankersrelated to margin loan ratio …2010-03-15 · this documentOrder to merchant bankers related to margin loan ratio 1:1.5 (2010-03-15)
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 (1)
Issued under
  • Securities and Exchange Commission (Merchant Bankers and Portfolio Managers) Rules, 1996Not in RegAlert

    “In exercise of the powers conferred under Rule 36 of the Securities and Exchange Commission (Merchant Bankers and Portfolio Managers) Rules, 1996”

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