SEC likely to revise existing margin loan ratio

FE Report (February 01, 2011)

The securities regulator will sit today (Tuesday) with key stakeholders of the stock market in a move to take measures for a sustainable stock market, sources said. At the meeting, the leaders of both the bourses, Bangladesh Merchant Bankers' Association (BMBA) and Bangladesh Association of Publicly Listed Companies (BAPLC) are expected to remain present. According to sources, the SEC is likely to revise the existing margin loan ratio on the basis of discussion with the stakeholders; and the merchant bankers are likely to get some responsibilities in providing their margin loans.