Securities and Exchange Commission – Sec (Bangladesh)
Securities And Exchange Commission – SEC (Bangladesh)
The definition of SEC can be said simply as an independent national agency that oversees the exchange of securities to protect investors. In addition to regulation and protection, it also monitors the corporate takeovers in the country. SEC is designed to promote full public disclosure and to protect the investing public against fraudulent and manipulative practices in the securities markets.
The capital market of Bangladesh is regulated by the Bangladesh Securities and Exchange Commission. Bangladesh has two Securities and Exchange Commission, (1). Dhaka Stock Exchange (DSE) and (2). Chittagong Stock Exchange (CSE).
BSEC was established on 8 June, 1993 under the Securities and Exchange Commission Act, 1993. The Chairman and Members of the Commission are appointed by the government and have overall responsibility to administer securities legislation. The Commission, at present has three full time members, excluding the Chairman. The Commission is a statutory body and attached to the Ministry of Finance.
The mission of BSEC:
The mission of the Bangladesh Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. According to The BSEC website their missions are to protect the interests of securities investors, develop and maintain fair, transparent and efficient securities markets and ensure proper issuance of securities and compliance with securities laws (About SEC, June 14, 2013)
The major roles and operations:
The world of investing is fascinating and complex and it can be very fruitful. However, unlike the banking world, where deposits are guaranteed by the national government, stocks, bonds and other securities can lose value. There are no guarantees. That 's why investing is not a spectator sport. By far the best way for investors to protect the money they put into the securities markets is to do research and ask
The definition of SEC can be said simply as an independent national agency that oversees the exchange of securities to protect investors. In addition to regulation and protection, it also monitors the corporate takeovers in the country. SEC is designed to promote full public disclosure and to protect the investing public against fraudulent and manipulative practices in the securities markets.
The capital market of Bangladesh is regulated by the Bangladesh Securities and Exchange Commission. Bangladesh has two Securities and Exchange Commission, (1). Dhaka Stock Exchange (DSE) and (2). Chittagong Stock Exchange (CSE).
BSEC was established on 8 June, 1993 under the Securities and Exchange Commission Act, 1993. The Chairman and Members of the Commission are appointed by the government and have overall responsibility to administer securities legislation. The Commission, at present has three full time members, excluding the Chairman. The Commission is a statutory body and attached to the Ministry of Finance.
The mission of BSEC:
The mission of the Bangladesh Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. According to The BSEC website their missions are to protect the interests of securities investors, develop and maintain fair, transparent and efficient securities markets and ensure proper issuance of securities and compliance with securities laws (About SEC, June 14, 2013)
The major roles and operations:
The world of investing is fascinating and complex and it can be very fruitful. However, unlike the banking world, where deposits are guaranteed by the national government, stocks, bonds and other securities can lose value. There are no guarantees. That 's why investing is not a spectator sport. By far the best way for investors to protect the money they put into the securities markets is to do research and ask
References: * http://www.secbd.org/ * http://en.wikipedia.org/wiki/Securities_and_Exchange_Commission_%28Bangladesh%29