The board directed NEPSE to submit a report on broker license to banks that have fulfilled all the required criteria as well as distribute broker license in financially active locations under a federal structure.
Moreover, the board directed NEPSE to report back on establishing investors’ protection fund, revising existing mechanisms on investors’ protection.
Similarly, SEBON directed NEPSE to submit a progressive report on recommending Employees Provident Fund, Citizen Investment Trust and Social Security Fund as securities dealers, to make OTC market active and techno-friendly and various other issues.
