13 Nov 2009

Investors' awareness programmes receive good response

Programmes arranged to create investors' awareness by the Securities and Exchange Commission (SEC) and the Dhaka Stock Exchange (DSE) are now drawing a large number of investors.
Dhaka Stock Exchange (DSE) is also having a similar response from the investors in its 'weekly' and 'monthly' awareness programmes.
"We have limitations and regular office duties. In spite of our daily business we are arranging the programmes. It's not possible to accommodate the all newcomers in the programmes. But there is no cause for frustration as we will continue the programmes year after year," Mansur Alam, a member of the SEC, told the FE Friday.
"After a few days I will go on LPR. Without having prior knowledge I do not want to be involved in the stock market," Zia-ul Hasan, a detective officer who was unable to be enrolled in the SEC awareness programme, told the FE.
"The SEC takes no fees from the participants. Through the regular business we try to make the investors conscious about their investment and the stock market," ATM Tarquzzaman, an executive director of the SEC, told the FE.
"It's a positive sign for our capital market. The more the investors will come to participate in the awareness programmes the more they will be benefited. We will extend the programmes across the country with the stock branches," Rakibur Rahman, president of DSE, told the FE.
"Students and interested persons of different professions and the subscribers of different companies are coming to attend the awareness programmes," the officials of SEC told the FE.
"Every day a large number of subscribers communicate over the telephone and come in person to collect enrolment forms of the programme. Most of the new comers are the subscribers of Grameen Phone, but we are not able to allow them after closing the enrolment procedure," Mahbubur Rahman, a senior officer of SEC, told the FE Thursday.
"Already the vacancies up to next June have been filled. As a result, being frustrated the subscribers are going back," Mahbubur Rahman added.
According to the officials, from January to March of 2009, 152 participants attended the education programme of the SEC. They were taught the relevant laws of stock markets, rules and regulations, the structure of regulatory and surveillance syst

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