The High Court on Wednesday (November 12) issued a rule regarding the revised margin loan regulations of the Bangladesh Securities and Exchange Commission (BSEC), asking the authorities to explain within seven days why the regulations should not be declared illegal. The bench, comprising Justice Fahmida Kader and Justice Asif Hasan, passed the order following petitions filed by several investors.
Despite issuing the rule, the court did not suspend the implementation of the revised regulations.
The Margin Loan Rules 2025 came into effect on November 6 through a government gazette notification, imposing stricter guidelines on margin loan distribution. The new rules reportedly caused negative reactions in the stock market, prompting affected investors to challenge the regulations in court.
The High Court’s directive follows hearings held on Monday and Tuesday, requiring the BSEC and other concerned authorities to submit explanations within a week.

