Bangladesh Securities and Exchange Commission
Job Category: Govt. Job
Job Source: Dainik Prothom Alo
Posted On: 15 Aug 2023
Application Deadline: 20 Aug 2023
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The Bangladesh Securities and Exchange Commission (BSEC) is the regulatory authority responsible for overseeing and regulating the securities and capital markets in Bangladesh. Established in 1993 under the Securities and Exchange Commission Act, the BSEC's primary goal is to ensure transparency, fairness, and integrity within the country's financial markets.
BSEC is entrusted with various responsibilities, including:
1. Regulation and Supervision: BSEC enforces regulations and guidelines to maintain a level playing field and protect the interests of investors. It oversees activities such as initial public offerings (IPOs), mergers and acquisitions, and other corporate actions.
2. Licensing and Registration: The commission is responsible for granting licenses to various market intermediaries, such as stock exchanges, brokerage firms, merchant banks, and mutual funds. This helps ensure that only qualified and reputable entities operate in the market.
3. Investor Protection: BSEC aims to safeguard the rights and interests of investors by implementing measures that promote transparency, disclosure, and accountability among market participants.
4. Market Development: BSEC works to develop and enhance the capital market ecosystem by introducing new financial products, improving market infrastructure, and encouraging innovation.
5. Enforcement: The commission has the authority to investigate and take action against violations of securities laws and regulations, including insider trading, market manipulation, and fraudulent activities.
6. Educational Initiatives: BSEC conducts investor awareness programs and educational campaigns to help individuals make informed investment decisions and understand the risks associated with the capital market.
7. International Cooperation: BSEC collaborates with other international regulatory bodies to share information, best practices, and experiences, contributing to the overall stability of the global financial system.
As of my last update in September 2021, the Bangladesh Securities and Exchange Commission continues to play a crucial role in the country's efforts to develop a well-regulated and vibrant capital market. For the latest and most accurate information, I recommend checking official sources or news outlets in Bangladesh.
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