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Tuesday, 21 May 2013

JS body for action against share market manipulators

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Reported by: UNBconnect
Reported on: May 03, 2012 20:12 PM
Reported in: Business
Dhaka, May 3 (UNB) - A parliamentary body on Thursday recommended taking actions against those responsible for the share market crashes at different times.

The recommendation came from the 62nd meeting of the Parliamentary Standing Committee on Public Undertakings held at Jatiya Sangsad Bhaban with its chairman ABN Golam Mostafa in the chair.

It also recommended injecting more funds into the share market and taking necessary steps for offloading new shares in the market. It also suggested offloading the shares of state-owned enterprises in phases.

The committee asked for taking steps for the quick disposal of share market-related cases and decided to send a letter to the Law Minister seeking assistance in this regard.

It also reviewed the progress of implementation of the decisions taken at the previous meeting of the Securities and Exchange Commission (SEC) and its present activities.

Committee members Dr TIM Fazle Rabbi, Khan Tipu Sultan, SEC Chairman Dr M Khairul Hossain, and senior officials of Bangladesh House Building Finance Corporation were present.  
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