Securities and Exchange Commission
Following enforcement actions were taken by the Commission during February, 2003:
Sl. No.
Date
Nature of default/Appeal
Commission’s decision
01
26/02/2003
Violation of rule 16 of the Securities and Exchange Commission (Stock Dealer/Stock Broker & Authorized Representative) Rules, 2000 (for non co-operation with Commission’s officer during inspection) by Dhaka Stock Exchange dealer Dhaka Bank Limited (DSE Member No. 193)
Letter issued with warning to comply with all securities laws in future.
02.
Violation of rule 12, sub-rule 3 of the Securities and Exchange Rules, 1987 (for appointing Company’s auditor as Company’s valuer and financial advisor) by Chittagong Cement Clinker Grinding Co. Ltd.
