Bangladesh
4 years ago

Thrust on new products to minimise investor risks

Two bourses greet new BSEC chief

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The securities regulator will work to restore investors' confidence along with building a strong base of the capital market.

Besides, the Bangladesh Securities and Exchange Commission (BSEC) will maintain coordination with the stakeholders including the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).

The newly-appointed BSEC chairman professor Shibli Rubayat Islam said this on Tuesday at a courtesy meeting held with the DSE officials.

The CSE officials led by its managing director Mamun-ur-Rashid also made a courtesy call on the BSEC chairman on Monday.

Both the bourses greeted the new chairman of the securities regulator.

DSE managing director Kazi Sanaul Huq and company secretary Mohammad Asadur Rahman called on the chairman at his office situated at Agargaon in the capital.

At the courtesy meeting, the BSEC chairman professor Shibli Rubayat discussed the market situation with the DSE representatives.

"The BSEC chairman laid importance on the restoration of investors' confidence along with introducing new products to minimise investors' risks," a DSE release said.

It said the securities regulator will maintain coordination with the market operators for the sake of market development.

"The BSEC chairman has focused on the efforts required to build a strong base of the capital market."

The release said the BSEC chairman has also expressed optimism regarding a meeting to be held soon with the board of directors of the premier bourse DSE.

Meanwhile, the DSE chairman Md. Eunusur Rahman on Monday greeted the newly-appointed BSEC chairman.

In a message, the DSE chairman said the country's capital market would be benefitted if the stakeholders work under the leadership of the newly-appointed BSEC chairman.

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