Training by SEC

By Mahbubur Rahman, Khan A Sabur Road, Khulna
18 March 2006, 18:00 PM
The Securities and Exchange Commission (SEC) continues to advertise in newspapers on imparting training regarding investment in primary shares, right shares, secondary shares and so on. SEC is the regulatory body of capital markets, PLC affairs, especially with regard to investors' interest. Unfortunately, the performance of SEC is rather dubious as many of us have ended up losers by investing in primary shares and in right shares.

A good number of PLC do not pay dividends for years, some do not hold AGM for years, while some do not pay dividends declared at AGM. But what is the role of SEC in setting things right?