
The Bangladesh Securities and Exchange Commission (BSEC) said that it was unable to monitor all listed companies properly due to a lack of manpower.
With the existing manpower, it is not possible for the stock market regulator to monitor all 1,100 listed companies or those raising capital 200 working days of a year, said the securities regulator chairman Prof Shibli Rubayat Ul Islam.
"In spite of the shortage, the regulator is trying to monitor them. So, there might have been some mistakes. If we do not work and remain silent then no mistake will take place," he further said.
The BSEC chairman was addressing the inaugural ceremony of a three-day capital market exposition organized by business news online portal Arthosuchak to increase awareness about the capital market on Thursday.
The entrepreneurs should go to the stock market to meet at least 50% of their financing demand, Commerce Minister Tipu Munshi said after inaugurating the expo.
The country's business and trade will expand if the businesses are provided with more funds from the stock market, he said.
The minister also expressed hope of the stock market making a turnaround from its existing downward movement.