SHOW CAUSE NOTICE ISSUED TO INVEST CAPITAL MARKETS LIMITED versus
5, 8, 14 and 17 Company Registration and Responsibility of the Company, in the present case, was a member of the Karachi Stock Exchange (Guarantee) and registered with the Securities and Exchange Commission under the Registration Rules of Brokers and Agents, automated trading. System (KATS) stock exchange statistics and off-market data show that unusually high volumes of scrips of a particular company were exchanged, further investigating the issue on the stock exchange. It has come to light that the company implemented the orders of its clients, in specific company scripts. The commission asked the company to submit its comments and the questions explained the fact behind the implementation of the trade in the company. In response, its position was reiterated and stated that the specific company had a modest trading script. And some of the trades in the scrip have contributed to the high volume. The scrip company added that it kept the trade closed and said that its client, Sha'Allah, would like the company's investment rating of the script company to conduct trade through its terminals in a manner under which the index In terms of index weight, there was no change in beneficial ownership, given the sensitivity of the specific company's scrap. And its after-effects on market stats should have made the company do business responsibly. And to ensure full compliance with all the rules and regulations of the Commission, the responsibility of the Company's stock exchange prime was to monitor all trading activity conducted by its brokerage house and to track any transaction. Any kind of creation
Related judgments — Securities and Exchange Commission of Pakistan, 2012
