Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Investors protection-an empirical study

77 views

Published on

  • Be the first to comment

  • Be the first to like this

Investors protection-an empirical study

  1. 1. PROTECTION OF INVESTORS IN THE CAPITAL MARKET OF BANGLADESH (AN EMPIRICAL STUDY ON DHAKA STOCK EXCHANGE LIMITED AND ITS TREC HOLDERS) Presented to: Presented by Saied Mahmud Zubayer ID-06, PGDCM 1st Batch Bangladesh Institute of Capital Market
  2. 2. Capital Market
  3. 3. Investors ----- Disclosures and Investor Protection “Investor” means a customer of a TREC holder of the DSE placing funds or securities with the TREC holder for carrying out buy or sale transaction in security listed with DSE/CSE Dhaka Stock Exchange Limited not only provides an efficient market but also upholds the interests of the Investors and ensures settlement of their grievances, whether against the companies or its trading members “Investor” means a customer of a TREC holder of the DSE/CSE placing funds or securities with the TREC holder for carrying out buy or sale transaction in security listed with DSE/CSE Dhaka Stock Exchange Limited not only provides an efficient market but also upholds the interests of the Investors and ensures settlement of their grievances, whether against the companies or its TREC Holders. It strives to educate and enlighten the Investors by making available to them the necessary information
  4. 4. Services to Investors
  5. 5. Safeguards for Investors  While Selecting the Broker  While entering into an Agreement  While Transacting  Ensuring Settlement
  6. 6. Rights of Investors  Rights as a Account Holder  Rights as a shareholder
  7. 7. Rights of Investors = Duties and Responsibilities of Investors
  8. 8. Duties and Responsibilities of Investors  Have to  Do  Do not
  9. 9. Protection of Investors under Laws in Capital Market of Bangladesh
  10. 10.  Section 20A of Securities and Exchange Ordinance, 1969  Rules3(1A), 8A(1)(2) and 8B of Securities and Exchange Rules, 1987  Securities and Exchange Commission (Stock Dealer, Stock Broker and Authorized Representative), Rules, 2000  Depository (User) Regulations, 2003  Regulations 15 and 16 of Dhaka Stock Exchange (Settlement of Transactions) Regulations, 2013  Dhaka Stock Exchange (Investors’ Protection Fund Regulations), 2014
  11. 11. Protection of interest of Investors by DSE  DSE established Inventors Complaints, Arbitration and Litigation Department (ICALD) to look after the interest of investor in compliance with securities related laws. Monitoring and Compliance department is also working to ensure proper compliance of securities related laws by the TREC holder companies of the Dhaka Stock Exchange Limited in line with the protection of interest of investors. Inventors Complaints, Arbitration and Litigation Department (ICALD) and Monitoring and Compliance department checks and examines the securities and monies of investors in the member companies to ensure the rights of the investors.
  12. 12. Process of solving Investors’ grievances  Complaints against TREC Holder Companies (Stock Brokers)  Complaint against Listed companies:
  13. 13. Process of solving Investors’ grievances  Arbitration  Arbitration Procedure  Appeal
  14. 14. Dhaka Stock Exchange (Investors’ Protection Fund Regulations), 2014  Purpose of the Fund  Lodging of claims and payment against claims  Circumstances for considering claims  Certain claims to be disallowed  Time limit for lodging claims  Sources of Contribution of Investor Protection
  15. 15. Investors Awareness, Education and Protection
  16. 16. CHALLENGES TO INVESTOR PROTECTION
  17. 17. Conclusion  What have we learned ?

×