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BSEC seeks foreign travel ban against Alliance Capital MD

The stock market regulator has requested the police to slap a foreign travel ban on Kh Asadul Islam, managing director of Alliance Capital Asset Management, as he has allegedly embezzled Tk 45 crore. ....

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Market regulator bans audit firm over anomalies

The securities regulator has banned audit firm Ahmed Zaker and Co from the stock market for collaborating with an asset management company to embezzle investors' funds. In an order issued on Wednesday, the regulator said the firm would not be allowed to audit the financial statements of any mutual funds or listed companies. The Bangladesh Securities and Exchange Commission ....

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