Discuss the Main Functions of Security and Exchange Commission.
Posted by Ripon Abu Hasnat on Wednesday, October 14, 2015 | 0 comments
The Commission's main functions are:
1. Regulating the business of the Stock Exchanges or any other securities market.
2. Registering and regulating the business of stock-brokers, sub-brokers, share transfer agents, merchant bankers and managers of issues, trustee of trust deeds, registrar of an issue, underwriters, portfolio managers, investment advisers and other intermediaries in the securities market
3. Registering, monitoring and regulating of collective investment scheme including all forms of mutual funds.
4. Monitoring and regulating all authorized self regulatory organizations in the securities market.
5. Prohibiting fraudulent and unfair trade practices relating to securities trading in any securities market.
6. Promoting investors’ education and providing training for intermediaries of the securities market.
7. Prohibiting insider trading in securities.
8. Regulating the substantial acquisition of shares and take-over of companies.
9. Undertaking investigation and inspection, inquiries and audit of any issuer or dealer of securities, the Stock Exchanges and intermediaries and any self regulatory organization in the securities market.
10. Conducting research and publishing information.
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