Monitor strictly to prevent manipulation, finance ministry asks BSEC
The finance ministry has ordered
Bangladesh Securities and Exchange Commission (BSEC) to go for stricter
monitoring to prevent manipulations in the market if there is any.
Suspicious transactions of companies
should be brought under strict monitoring and necessary action needs to be
taken as per the securities rules, the letter said.
The regulator was also asked to keep
vigilance at the manipulators so they cannot influence the market and strengthen
coordination with the relevant agencies.
On December 15, the letter was sent
to properly enforce the securities rules related to the listing, delisting,
suspicious trading, speculation, coordination, and financial literacy.
It also focused on the activities of
the listed companies and asked the commission to remain alert so that no
company can enter or exit the capital market illegally.
The share trading of the companies
that are not in production should be scanned, it said.
Source: Daily Star