Rule · BSEC · 21 Dec 2004
The Securities and Exchange Commission suspends the operation of the Margin Rules, 1999 with immediate effect until further order. This action is taken under the authority of section 33 of the Securities and Exchange Ordinance, 1969. The order requires the CEOs of the Dhaka Stock Exchange and the Chittagong Stock Exchange to disseminate the suspension to all members via the online trading system immediately.
No: SEC/SRMID/94-231/ Date: 21 December, 2004 ORDER Whereas, the Securities and Exchange Commission deems it to be expedient that in the interest of the investors and the capital market, the operation of Margin Rules, 1999 should be suspended for the time being; Now, therefore, the Securities and Exchange Commission, in exercise of its power conferred by section 33 of the Securities and Exchange Ordinance, 1969, (XVII of 1969), hereby suspends the operation of Margin Rules, 1999 with immediate effect till further order. By Order of the Commission Farhad Ahmed Executive Director Distribution:
1. CEO, DSE with a request to send a copy of this order to all of their
2. CEO, CSE members and disseminate the aforesaid order, through
on-line trading system immediately
Copy to:
1. Chairman, SEC
2. Members, SEC
3. All Departmental Heads, SEC
4. CEO, CDBL
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“withdraws its earlier Order No. SEC/SRMID/94-231/379 dated 21 December 2004”
“hereby suspends the operation of Margin Rules, 1999 with immediate effect till further order.”
“in exercise of its power conferred by section 33 of the Securities and Exchange Ordinance, 1969, (XVII of 1969)”
Amended 1 time · last 2005-04-18
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