Section 22 Brokers and Agents Registration Rules, 2001, R 8 and Schedule Unlawful Sale of Exchange Code of Conduct Company's computer operator sold sales orders, in client's account, with no existing interest company ? In order to track any transaction for the purpose of creating a misleading impression or deception intention, it is obliged to control all trading activities conducted by this brokerage house, the company immediately operating the computer operator company. Should have informed the stock exchange regarding the error of. The client's account violated the sale-by-rule rules which in turn violated the Code of Conduct established under the Third Schedule of Brokers Rules, which required the Company to maintain its business with due care and skill. The company was mandated to operate. It was also responsible for the operation or trade by its terminal company. Keeping your computer operators updated with the application of rules to prevent any breach of the same company, in the circumstances, The Code of Conduct of Brokers was violated which is a violation of the rules and regulations. However, the company suspended the membership of the commission, however, in exercising its powers under R8 (b) of the Brokers Rules, the company was instructed to impose a fine of Rs 50,000 on the company to ensure that all compliance. , Be fully compliant with all the rules and regulations. And refrain from any penal action under law as directed by the Commission in the future
Related judgments — Securities and Exchange Commission of Pakistan, 2010
