Dhaka:The Bangladesh Securities and Exchange Commission (BSEC) has engaged stakeholders in discussions regarding potential amendments to the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2025. The initiative aims to promote the mutual fund sector, safeguard investors' interests, and enhance the regulatory framework's effectiveness and market-friendliness.
According to Bangladesh Sangbad Sangstha, the consultation meeting took place at the BSEC office on Wednesday, chaired by BSEC Chairman Masud Khan. The meeting included BSEC commissioners and officials, representatives from the Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), Central Depository Bangladesh Limited (CDBL), as well as trustees, asset management companies, and custodians of various registered mutual funds.
During the meeting, BSEC Executive Director Md Mahmud Haque, who heads the Investment Management Division, presented a review of the existing mutual fund rules. The presentation identified areas for potential amendments. Stakeholders at the meeting shared their insights and recommendations on different provisions of the rules, focusing on the development of the mutual fund sector and the protection of investors.
BSEC Chairman Masud Khan highlighted the importance of stakeholder input for the commission. He assured that the commission would consider necessary amendments in line with international best practices and stakeholder feedback, emphasizing that decisions would be rational and not emotionally driven.
Khan also stressed the importance of increasing institutional investor participation to make the capital market more dynamic and sustainable. He noted that the development of the capital market cannot rely solely on retail investors. Additionally, he emphasized the need for investment education and financial literacy, calling for collaboration to enhance investors' knowledge and decision-making capabilities.