BSEC for proper use of integrated customer account

Bangladesh Securities and Exchange Commission (BSEC) Commissioner Sheikh Shamsuddin Ahmed said integrated customer account should be properly used as account holders incur losses due to various types of failures or improper use of these accounts. So everyone has to use this calculation properly.

He was speaking as a panelist at a DSE Brokers Association of Bangladesh (DBA) webinar titled 'Broker House Services and Investor Rights' on Sunday (October, 11) on the occasion of 'World Investor Week'.

Sheikh Shamsuddin Ahmed said that BSEC was forced to take action against various individuals or organizations due to various irregularities in the integrated accounts of the customers for the proper utilization of the accounts. He emphasized on the collaboration between the brokers and themselves and specifically request those concerned to manage the accounts.

He said BSEC, DSE and DBA play important roles to keep the market active. These institutions get a share of success because of the important responsibilities. In the same way, they are responsible for the failures. That is why we have to work for more success.

BSEC Chairman Prof. Shibli Rubayat-Ul-Islam was the chief guest and BSEC Executive Director Md. Saifur Rahman was the panelist. DBA President Sharif Anwar Hossain presided over the webinar.

DSE Chairman Md. Yunusur Rahman participated in the webinar as the special guest. The keynote paper was delivered by Richard de Rosario, Senior Vice President of DBA.

sr/wi