Section 22 Brokers and Agents Registration Rules, 2001, Rr 8, 12 and Third Schedule Commissions for generating revenue, violating the rules and regulations of the purchase and sale of shares and the enforcement of the penal code 6,000, 000 shares were bought and sold the next day. At the same rate, the company offered an explanation that stated that underwriting trade was primarily done for the purpose of generating brokerage commissions. The company said the shares in question were sold through an investment committee decision that could not provide a few minutes for the committee meeting. It was stated that in the absence of any documentary evidence of the company, all decisions were made orally, which would prove that the sale of the underlying shares was made solely because the shares were disqualified and the commission Should not generate income G was not accepted as a valid reason for the company to pursue trading with the underlying purpose that, after raising the commission's earnings, the company violated the Code of Conduct, which was registered by brokers and agents. Was created in which the members of the stock exchange were only prohibited from pursuing trad trade to generate commissions, the company had influenced and misled investors' opinion. In addition, the trade in question has interfered with the smooth and fair functioning of the stock market. The company's failure to conduct proper care, skills and diligence in conducting its business violated the Code of Conduct. Brokers Rules Company, Securities and Exchange Ordinance, Section 22 of 1969 and Brokers and
Related judgments — Securities and Exchange Commission of Pakistan, 2010
