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JAWAD AHMED, TREASURY MANAGER, TREET CORPORATION LIMITED versus

Internal Trade Board Insider Information Tees relating to the shares of the Board of Trustees of the Company's Funds, certain powers have been assigned to the Investment Advisory Committee, the Committee said. The Company's Treasury Manager has the option to make investment related investments in listed equity; and he is authorized to issue instructions to the Stock Brokers Treasury Manager so that he can accept all investment decisions primarily funded After the share price was significantly increased, the Treasury Manager used his position as trustee. D sold his entire hold and benefited and was the first to engage in insider trading due to insider information of the company's shares. It was established that the treasury manager's father also owned the shares. I traded. The company then sold the company to the funds based on the interim cash dividend Treasury Manager's declaration after buying the company's shares, thus realizing personal gains in the short run if the Treasury Manager made a significant investment decision. There was no claim. True; they came within the scope and meaning of \ insider's and invested only in the company's shares had the information it had \ inside the information \ on the manager in violation of section 5 (1) of section 5A. 200,000 was fined. Securities and Exchange Ordinance, 1969 \ r \ n

Related judgments — Securities and Exchange Commission of Pakistan, 2011

• EAST WEST INSURANCE COMPANY LIMITED v. EXECUTIVE DIRECTOR (INSURANCE), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1402
• TAHIR HASSAN v. EXECUTIVE DIRECTOR (E & M), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1425
• ZAFAR MOTI CAPITAL SECURITIES (PVT.) LIMITED v. DIRECTOR (SMD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1457
• MUHAMMAD HANIF Y. BAWANY v. DIRECTOR (SMD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1479
• FAROOQ IBRAHIM v. EXECUTIVE DIRECTOR (CLD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1536
• MUHAMMAD ASHRAF KHAN v. EXECUTIVE DIRECTOR (CLD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1546
• ADAM SECURITIES (PVT.) LIMITED v. DIRECTOR (SMD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1560
• MRA SECURITIES (PVT.) LIMITED v. DIRECTOR (SMD), SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN 2011 CLD 1619

All Securities and Exchange Commission of Pakistan judgments of 2011 →

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