BSEC to honour market intermediaries
Stocks
The Bangladesh Securities and Exchange Commission (BSEC) will honour the intermediaries in the capital market of the country.
Currently, different institutions are working as stock-brokers, stock-dealers, merchant bankers, portfolio managers and asset managers.
The institutions will be honoured after reviewing the responsibilities and duties of the past one year in protecting the interests of the investors and developing the capital market.
The decision to give the award was taken on Thursday, according to a press release signed by the commission's Executive Director and Spokesman Mohammad Rezaul Karim.
At the meeting, the regulator also agreed to register three market intermediaries in the capital market.
According to the press statement, PLI Asset Management Limited got registered as asset management, SBK Tech Ventures Limited as a fund manager and Community Bank Investment limited as a merchant bank.
Considering the application of the institutions, the commission has agreed to register, it added.
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