Top brokers of the premier bourse have focused on ensuring good governance and taking joint initiatives to overcome liquidity shortage and to bring stability in the country's capital market.
The brokers emphasised these measures in a meeting, held at the Dhaka Stock Exchange (DSE) office in the capital on Tuesday.
In the meeting, they proposed forming a review panel, which will scrutinise financial statements of the companies willing to go public.
After the meeting, DSE Director Minhaz Mannan Emon said the participants discussed various malpractices of the listed companies, like - producing window-dressed balance sheets.
"The brokers' representatives opined that the securities regulator should take tougher actions against manipulators to restore investors' confidence."
In the meeting, the participants also demanded more proactive role of the regulator to overcome the present liquidity shortage in the capital market, Mr Emon told the FE.
The DSE Brokers Association and the premier bourse arranged the meeting following continuous correction in the DSE benchmark index and turnover that continued until Monday.
The DSE broad index - DSEX - lost 226 points in previous six consecutive sessions, while the turnover also came down below Tk 3.0 billion-mark.
Another stock broker said lack of good governance was also discussed in the meeting.
"The participants think that lack of good governance and liquidity shortage made investors shaky and less confident." "Some participants have opined that in some cases regulatory punishments were not taken according to the level of manipulations."
He also said the regulator is tougher on the stock brokers than on the issuer companies.
"The regulator should not make difference in case of taking actions against the brokers and the issuer companies," he opined.
In the meeting, the brokers also criticised role of the surveillance departments of the exchanges.
"Some participants think that role of the surveillance departments is not up to the mark," the broker added.
DSE Director Sharif Ataur Rahman and Managing Director (in-charge) Abdul Matin Patwary, among others, were present in the meeting.
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