News Flash
DHAKA, June 4, 2026 (BSS) - Bangladesh Securities and Exchange Commission (BSEC) Chairman Khondoker Rashed Maqsood has resigned from his position after serving for the past 21 months, according to a statement issued today.
In his statement issued today, Maqsood said he had decided to step down from public service to focus on personal endeavors.
Reflecting on the commission's tenure, he said the current leadership assumed responsibility during a challenging period for the capital market and undertook a series of reforms aimed at strengthening the legal framework, improving market discipline, and enhancing investor protection.
According to the statement, the commission successfully finalized and gazetted five key rules governing margin loans, initial public offerings (IPOs), mutual funds, debt securities, and whistleblower protection.
It also published three draft regulations and guidelines on corporate governance, audit practices, and corporate restructuring for public consultation.
The outgoing chairman further noted that the commission prepared two major legislative proposals-the Bangladesh Securities and Exchange Commission Act and the Capital Market Stabilisation Fund Act-for enactment, with the objective of modernizing the regulatory architecture of the country's capital market.
