HomeBangladesh NewsRegulators to blame for volatility in capital markets: Finance Adviser

Regulators to blame for volatility in capital markets: Finance Adviser


You are buying Z category shares, which do not exist. The financial advisor of the interim government said that if the share price is reduced, he will protest, I am not in favor of it. Salehuddin Ahmed.

He said, players and regulators are to blame for the instability in the capital market.

He said these things at the publication festival of the sixth edition of Banking Almanac at Sirdap Auditorium in the capital on Saturday (December 21).

Chairman of Banking Almanac and former advisor to the caretaker government. Finance Secretary Dr. Hossain Zillur Rahman was the special guest in the event. Md. Khairuzzaman Majumdar and Bangladesh Bank Deputy Governor Nurun Nahar. Chairman of Bangladesh Association (ABB) and Chairman of Dhaka Bank Abdul Hai Sikdar, former Chairman of ABB Nurul Amin, Executive Director of the book Syed Zia Uddin Ahmed, Abder Rahman and others spoke.

At that time, the financial adviser said, BBS has been told to publish the information as it is. There is no manipulation here. The condition of the capital market is similar to that of our banking and financial sector. You are buying Z category shares, which do not exist. But he is buying this share with great pleasure. There is no minimum cost, they will be used as waste paper after a few days. You have to suffer a little for that. I am not blaming the investors. Capital market players and regulators have a lot to blame. I think it needs to be promoted.

He said, we have not come to show any power, we have come with a responsibility. There are various outages with the data of the last 15 years. An attempt was made to hide information. We are trying to change and reform them. Because the donor agencies ask us various questions, they want to understand that there was less before, etc. By this we are making them understand that the previous information was hidden, we are presenting the correct one.

Dr. Salehuddin Ahmed also said, I am trying to do national single window. So that traders get all information from one place. Traders don't have to run to 10 places for information. If we can't manage information in a more integrated way, more problems will arise in the future. We don't need this false information, because dear lies are painful.



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular