Broker Rules 2001, RR 8, 12 and Third Regulations Code, Cls A 2 and A 5 Implementation of a penal company which was a member of the stock exchange and registered with, without pre-interest in the shares. Was. The Commission, 2001, under the Registration Commission of Brokers and Agents, sold the first shares of the corporation. And after buying the shares, its position was squared, the company issued the showcase notice, but the company neither acknowledged the receipt of the said showcase notice nor submitted its written response to the commission, Later, the Chief Financial Officer and the Company Secretary attended the hearing and submitted that the issue of vacant sale as highlighted by the Commission was an unlawful trade by the company was established without any pre-existing interest. Holds sales orders in its proprietary accounts and fulfills the terms of the Regulation Company by conducting such transactions S been no violation. The rules, which in turn were a violation of the Code of Conduct set forth in the Third Schedule to the Brokers and Agents Registration Rule 2001, which required the Company to operate its business with care and expertise. Was violated. 5 of the Brokers Rules 2001 Code of Conduct, which was in turn a breach of the Company Code of Conduct, irresponsible and inadvertent breach of the Code of Conduct during the proceedings of the Articles under which the Commission was sued The membership was entitled to suspend, but with a soft view, its power in the use of the commission was registered by the Brokers and Agents Regulation 2001, KR8.
Related judgments — Securities and Exchange Commission of Pakistan, 2011
