Rule · BSEC · 31 May 2010

Paper securities under B category shall not be traded

The Securities and Exchange Commission directs the Dhaka Stock Exchange Ltd. and the Chittagang Stock Exchange Ltd. to prohibit trading of paper securities under the “B” category starting July 01, 2010, while requiring these securities to be transferred to the “Z” category on the same day. A total ban on trading any paper securities in the stock exchanges takes effect from October 01, 2010.

BangladeshBangladesh Securities and Exchange Commission

No. SEC/CMRRCD/2009-193/ May 31, 2010
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 directs the Dhaka Stock Exchange Ltd. and the Chittagong Stock Exchange Ltd. that; - The paper securities under “B” category shall not be traded in the stock exchanges from July 01, 2010 and these securities should be transferred to “Z” category on the same day. No paper security shall be traded in the stock exchanges from October 01, 2010. By order of the Securities and Exchange Commission

Md. Ziaul Haque Khondker
Chairman.

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Issued under

Securities and Exchange Ordinance, 1969 (XVII of 1969)Not in RegAlert
“In exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (XVII of 1969)”