Ordinary investors have been cheated for ages, says BSEC chairman
Bangladesh, July 9 -- Ordinary investors have been cheated repeatedly in the capital market for a long time, says Bangladesh Securities and Exchange Commission (BSEC) Chairman Masud Khan.
Since he took on the post, a few shares "halted" trading and action was taken against them quickly, he said.
"A few shares were halted. There are 45 indicators in the current surveillance system to catch unusual trading. I quickly called (the officials). I told them to take action quickly."
Masud was speaking at a discussion of the Capital Market Journalists Forum (CMJF) at 11am on Thursday.
He said, "They have been doing this for so long that the BSEC first informs the stock exchange. Then they take action. It takes two months to take action agains...
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