SEC finalized plan for accomplishing the demutualization of DSE and CSE, which is due to end by the 15th June 2013.At the 438th commission meeting of SEC, the plan was finalized after a little modification.The draft legislation is still under verification for a check before it will be finally placed in Parliament for transforming it into law.

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Earlier on 1st July, DSE  submitted the draft act of  demutualization to the SEC and finance Ministry and before that in February a committee of 15 members was formed in order to implement the demutualization process of DSE and CSE.Last week finance minister AMA Muhit also emphasized on the necessary of demutualization of two existing stock market of the country.He also believe that there is no other alternative to stable the market for long time.

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