Section 22 Brokers and Agents Registration Rules, 2001, June 8, 12, and Schedule Securities and Exchange Commission of Pakistan Act (XLII of 1997), Section 33 Failure to register agents and breach of Code of Conduct Applying for a penalty appeal, the appellant company bought and sold shares in ten different scripts in such a way that the purchase orders were sold together and the beneficial ownership of the shares remained unchanged and the commission's In response to the letter, the appellant stated that his client was completely unaware of the appellant's rules and regulations. Should he take strong notice of the violation and will not be prosecuted in the future, the appellant's representative confessed to his mistake in not monitoring the agent's activities and prayed that the director of the soft behavior case Applicants can be fined Rs. 300,000 under Securities and E-Section 22. The Exchange Ordinance, 1969, was committed to safeguarding the interests of investors and, in doing so, was empowered to deal with the elements that made the stock exchange appellant's fraudulent transaction work smoothly and fairly. In order to force other investors to buy as well. Shares could directly and indirectly hurt many other investors; the director of the commission could suspend the applicant's license under R8 (IV) of the Brokers and Agents Registration Rules, 2001, however, a small theory Was already imposed instead of a fine
Related judgments — Securities and Exchange Commission of Pakistan, 2010
