SHOW-CAUSE NOTICE NO.1 (07)BS/KSE/MSW/SMD/2009/62 DATED NOVEMBER 19, 2009 versus
Section 22 Brokers and Agents Registration Rules, 2001, R 8 The vacancy sale by the company was implemented by its clients. Implementation of the penalties was based on a review of trade data for the relevant period, suggesting that the company's clients were previously engaged in sales. And after boosting its position in various scrap companies, it was said that business without interest was established that the company's operators had held the sale of the client's account without any pre-existing interest, the company was responsible. Was responsible for overseeing all trading activities. In order to track and prevent any transaction in violation of any applicable rules and regulations, the Company must immediately notify the Karachi Stock Exchange through its own brokerage house that the operators will be notified by the Company without any Report the error by selling it to the client's account. From a pre-existing interest, there was a breach of the Code which in turn violated the Code of Conduct Bro The Brokers and Agents Registration Rule was set forth in the third schedule of 2001 which required the Company to maintain and In order to operate its business efficiently, it was mandatory for the company to be responsible for any orders given or given through its trading terminal. It is also the Company's responsibility to keep its operators up-to-date with applicable rules to prevent any breach of the same company, in the circumstances, Code of Conduct for Brokers and Agents Regulation Rule 2 and A5 of 2001 Infringement was a serious issue, under which the commission also had the right to suspend the company's membership.
Related judgments — Securities and Exchange Commission of Pakistan, 2010
