Dhaka, April 8 -- Bangladesh Securities and Exchange Commission (BSEC) has sought the intervention of the Financial Institutions Division of the Ministry of Finance to solve this problem of unpaid losses (negative equity) against margin loans which is one of the biggest problems in the country's capital market.
As of October 31, 2024, the total negative equity of various brokerage houses and merchant banks, excluding provisioning or security reserves, stood at Tk 7,824.18 crore.
The regulatory body wants to solve the problems related to negative equity arising in the capital market with the help and effective advice of the Financial Institutions Division.
At the same time, the Securities and Exchange Commission has also requested the F...
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