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News & Events of PBSL

24-May-2015
IPO Application Form (A4)

20-Feb-2014
Notice for change Margin Loan Ratio

28-Nov-2013
Notice for Fund Withdrawal in Margin Account

03-Nov-2013
Notice for Affected Investors

19-Jun-2013
Notice for maintaining minimum purchase power in Margin Account

Daily Business News All Daily Business News
10 Apr 2013
3 stockbrokers fined Tk 7 lakh

Bangladesh Securities and Exchange Commission on Tuesday fined three brokerage houses Tk 7 lakh for violating different securities laws.
The BSEC made the decision at a regular meeting at its office in the capital with its chairman M Khairul Hossain in the chair, said a BSEC release.
The capital market regulator fined Reliance Brokerage Services Tk 2 lakh, Globe Securities Tk 3 lakh and Island Securities Tk 2 lakh.
According to the BSEC release, Reliance Brokerage Services violated Margin Rules-1999 by providing more than 25 per cent of the average net capital to a single client.
The BSEC also found two other irregularities on Reliance Brokerage Services’ part while providing margin loan to its clients. The commission also fined Globe Securities for violating Margin Rules-1999 as it had provided margin loan to its three directors. It also violated the rules on two other grounds.
Island Securities was fined as it had provided margin loan to its three directors besides providing margin loans to its client to buy ‘Z’ category shares.
The company also violated Securities and Exchange Rules-1987 as it had received more than Tk 5 lakh form its clients.

Source :: New Age