The SEC issued the order on Wednesday to protect the interests of investors or securities markets. It warned against using names or any derivatives of the commission, Dhaka Stock Exchange or DSE and Chattogram Stock Exchange or CSE with social media profiles or pages of individuals or groups. The commission also prohibited use of the SEC, DSE and CSE’s logos with social media profiles or pages. Complaints over the spread of rumours about stocks on social media, especially Facebook, have been there for quite some time. Such rumours on risky shares with weak base prices are harmful to the market and investment in such shares can return losses, experts say.

Source: bd News24 September 02, 2020 15:45 UTC