Investments And Exchange Commission – SEC (Bangladesh)
The definition of SEC can be stated simply because an independent nationwide agency that oversees the exchange of securities to protect investors. Moreover to legislation and safeguard, it also screens the corporate takeovers in the country. SECURITIES AND EXCHANGE COMMISSION'S is designed to promote full general public disclosure and protect the investing public against deceptive and manipulative practices in the securities market segments. The capital industry of Bangladesh is regulated by the Bangladesh Securities and Exchange Commission rate. Bangladesh provides two Investments and Exchange Commission, (1). Dhaka Stock Exchange (DSE) and (2). Chittagong Stock Exchange (CSE). BSEC was established on eight June, 93 under the Securities and Exchange Commission Action, 1993. The Chairman and Members from the Commission are appointed by government and have overall responsibility to administer securities legislation. The Commission, presently has three full time members, excluding the Chairman. The Commission can be described as statutory human body and placed on the Ministry of Financial. The quest of BSEC:
The mission of the Bangladesh Securities and Exchange Commission rate is to shield investors, keep fair, organised, and effective markets, and facilitate capital formation. According to The BSEC internet site their quests are to protect the interests of investments investors, develop and maintain good, transparent and efficient investments markets and be sure proper issuance of investments and compliance with securities laws (About SEC, Summer 14, 2013)
The major jobs and businesses:
The world of investing is amazing and complicated and it can end up being very successful. However , unlike the bank world, where deposits happen to be guaranteed by the national government, stocks, a genuine and other investments can shed value. There are no warranties. That's why investment is not only a spectator sport. By far the easiest way for buyers to protect the money they put into the securities marketplaces is to do research and ask...
Referrals: * http://www.secbd.org/