Bangladesh Securities and Exchange Commission (BSEC) warned investors against misleading social media posts falsely attributing remarks on share price declines to its chairman, urging all concerned to verify information before sharing it.
In a press release issued on Monday, the capital market regulator clarified that photo-cards circulating on social media, purportedly quoting BSEC Chairman Masud Khan on falling share prices, were entirely fabricated.
"The chairman has not made any such remarks," the commission said, describing the circulating content as untrue, baseless and misleading.
The press release was signed by BSEC Executive Director and Spokesperson Md Abul Kalam.
The commission urged market intermediaries, media outlets, digital content creators and other stakeholders to verify the authenticity of any statement, quotation or photo-card attributed to the BSEC chairman or other commission officials before publishing or sharing it.
It also advised investors and members of the public not to believe, react to or circulate unverified information and market rumours spread through social media.
The regulator said the dissemination of misleading information could create confusion among investors and affect their investment decisions.
BSEC emphasised that responsible information sharing and public vigilance are essential to maintaining transparency, stability and confidence in the country's capital market.
The commission reaffirmed its commitment to protecting investors'...
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