Employeess of Securities Board and Nepse Not Allowed To Buy Shares

July 8, 2020 | Investopaper

The parliamentary committee has decided to stop the employees of the Securities Board and Nepal Stock Exchange from applying for ordinary shares.

A sub-committee formed by the Finance Committee has decided to issue a broker license to the bank and has submitted a report to stop the employees from applying for ordinary shares. The report will be discussed in the Finance Committee.

According to the report submitted by the sub-committee, the employees of the regulatory body will not be allowed to apply for the shares if the finance committee decides. The sub-committee has accused the board and Nepse employees of manipulating the shares. Now the employees working in those organizations have to make public how many shares they have.

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