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