Bangladesh, Sept. 10 -- The DSE Brokers Association of Bangladesh (DBA) has urged the government to involve the securities regulator in the process to amend the Companies Act, 1994.

Advertisement The association made the request in a letter sent to the commerce ministry on Wednesday, as recommendations from the securities regulator have been overlooked in the third amendment to the act.

As the statutory regulatory authority of the capital market and listed companies, the Bangladesh Securities and Exchange Commission (BSEC) should have the authority to formulate a clear and effective regulatory framework for important matters, such as share buybacks, mergers and acquisitions, said the DBA.

"This would make it easier to ensure quick dec...