Rule · BSEC · 15 Feb 2016
Securities issuers listed on stock exchanges must immediately notify the Bangladesh Securities and Exchange Commission and the relevant exchange in writing via fax or courier within 30 minutes of a decision or upon becoming aware of price-sensitive information. This notification must be simultaneously published in two widely circulated daily newspapers (one Bengali, one English) and one online newspaper, specifying the date and time of the board's decision or when the information came to light. The exchange is required to disseminate this information via the News Monitor system immediately upon receipt, and failure to comply constitutes an offense punishable under the Bangladesh Securities and Exchange Commission Act, 1993.
Registered No. D.A.-1
Bangladesh Gazette
Extraordinary Issue
Published by Authority
Monday, February 15, 2016
[ Notices and Orders issued by private persons and corporations ] Bangladesh Securities and Exchange Commission Order Date, 7 December 2015 No. SECI/CMDRC/2009-193/179/Admin/64—In exercise of the powers conferred under Rule 3(2) of the Securities and Exchange Commission (Prohibition of Beneficiary Trading) Rules, 1995, the Commission hereby determines the following procedure for the supply of price-sensitive information, namely:—
(1) The issuer of each security listed on the stock exchange shall, within thirty minutes of taking a decision on any price-sensitive information regarding such security, or immediately upon the information coming to its knowledge, send the same in writing, signed by its Chairman, Chief Executive Officer, or Company Secretary, simultaneously to the Bangladesh Securities and Exchange Commission and the relevant stock exchange (if listed on both exchanges, to both exchanges simultaneously) via fax and special messenger, and in special cases via courier service; and shall ensure the immediate publication of such information in two widely circulated daily newspapers (one Bengali and one English) and one online newspaper;
(2) Such information sent and published by the issuer of the listed security shall mention the date and time of the issuer's Board of Directors' decision, or, where applicable, the date on which the information came to its knowledge;
(3) The relevant stock exchange shall, immediately upon receipt of such information, disseminate the information through the News Monitor;
(4) Disobedience of this order is an offense punishable under the Bangladesh Securities and Exchange Commission Act, 1993;
(5) The Commission's previous order No. SECI/SRMID/2000-985/2248/Pre-02/1 dated 5 Paush, 1407 Bang/19 December, 2000 is hereby revoked.
By order of the Bangladesh Securities and Exchange Commission Dr. M. Khairul Hoosen Chairman.
Printed by Md. Abdul Malek, Deputy Director, Bangladesh Government Printing Office, Tejgaon, Dhaka.
Published by Md. Alamgir Hoosen, Deputy Director, Bangladesh Forms and Publications Office, Tejgaon, Dhaka. Price: Tk 4.00
1294 Bangladesh Gazette, Extraordinary, January 24, 2013
Printed by Md. Abdul Malek, Deputy Director, Bangladesh Government Printing Office, Tejgaon, Dhaka.
Published by Md. Alamgir Hoosen, Deputy Director, Bangladesh Forms and Publications Office, Tejgaon, Dhaka. Reference No.: 38.00.0000.000.00.001.15-1293
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“The Commission's previous order No. SECI/SRMID/2000-985/2248/Pre-02/1 dated 5 Paush, 1407 Bang/19 December, 2000 is hereby revoked.”
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