DSE's activities are regulated by its Articles of Association rules & regulations and by-laws along with the Securities and Exchange Ordinance 1969, Companies Act 1994 & SEC Act 1993 The necessity of establishing a stock exchange in the then East Pakistan was first decided by the government when, early in 1952, it was learnt that the Calcutta Stock Exchange had prohibited the transactions in Pakis
tani shares and securities. A decisive step was taken in the second meeting of the organizing committee held on the 13th march, 1953. In the cabinet room, Eden building, under the chairmanship of Mr. Khaleeli, secretary of the government of East Bengal, commerce, labor and industries department at which various aspects of the issue were discussed in detail. Then the central government’s proposal regarding the opening a branch of Karachi Stock Exchange at Dhaka did not find favor with the meeting who felt that East Pakistan should have an independent stock exchange. It was suggested that Dhaka Narayanganj Chamber of Commerce & Industry should approach its members for purchasing the membership cards at RS.2000 each for the proposed stock exchange. It was thought that the location of the exchange should be either at Dhaka, Narayanganj or at Chittagong. An organizing committee was appointed consisting of leading commercial and industrial personalities of the province with Mr. Mehdi Ispahani as the convener in order to organize the exchange. Source: DSE
