Managing director of Chittagong Stock Exchange (CSE) Sunday said the bourse is giving first priority to reach investors by resolving their pending complaints.
The newly-appointed chief of management of the port city bourse said this at his first press briefing held at the CSE's Dhaka office.
"Investors face different types of problems whose solutions are also not mentioned in rules and books. That's why it's our responsibility to reach investors to hear their problems," said CSE managing director Wali-ul-Maroof Matin.
He said the stock exchange should address investors' problems for the sake of finding solutions.
"We are fixing the strategies as to how investors can be reached," Mr. Matin said.
While speaking on the crisis of investors' confidence the CSE managing director said, "Crisis of investors' confidence is a great problem of the market. But investors should remember that investment based on justified information becomes potential. But the investment based on unjustified information becomes risky."
The CSE managing director stressed the need for launching more products to combat market manipulations.
He expressed his surprise as investors' confidence has become shaky to mutual funds (MFs) due to mismanagement of funds by some asset management companies (AMCs).
Mr. Matin also suggested more wide participation of institutional investors to quote indicative price under the book building method for the sake of proper pricing of the companies willing to go public.
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Resolving investors’ pending complaints CSE’s first priority
FE Report | Published: December 08, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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