Securities and Exchange Commission

Enforcement Department

Following enforcement actions were taken by the Commission during February, 2003: 

Sl. No.

Date

Nature of default/Appeal

Commissionís 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 Commissionís 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.

26/02/2003

Violation of rule 12, sub-rule 3 of the Securities and Exchange Rules, 1987 (for appointing Companyís auditor as Companyís valuer and financial advisor) by Chittagong Cement Clinker Grinding Co. Ltd.

 

Letter issued with warning to comply with all securities laws in future.