SAKARWALA CAPITAL SECURITIES (PVT.) LIMITED versus
8, 12 and 3rd Schedule Violation Code of Conduct Trading The Karachi Stock Exchange's automated trading system data shows that two clients of the company were engaged in circular trading in the second company scripts. I used to trade How to match the sales orders of one client to another customer and the same day the analysis of the information available on the trade record between the customers and the explanation provided by the company were made, That the company had failed to maintain a high standard of integrity, and failed to exercise the proper care, skills and diligence in conducting its business, which was a violation of the Code of Conduct which resulted in brokers and Agent registration was a violation of Rule 12. , 2001, said the breach of the Broker Rules, 2001, was a serious matter and was told that the rules entitle the Securities and Exchange Commission to take action against the company for which it could not work. The number of shares involved in the trade, to no avail by the clients, the Company's historical practices and representative assures that there will be no such breach in the future, no punitive action against the Company The commission issued a stern warning to the company to ensure full compliance with all of the Commission's rules, regulations and guidelines in order to avoid any death sentence under any future law. Be done
Related judgments — Securities and Exchange Commission of Pakistan, 2012
