4, 8 and 12 Investors' accounts / Non-transfer of shares and non-payment of funds An unauthorized pledge of investor securities / transfer of company registration was issued by the Commission in the last six months. Due to the transfer of unauthorized pledges / securities by companies, the complaining CDC account had the opportunity to hear complaints from investors regarding alleged transfer of shares and non-payment of funds, but it failed. Attend to submit a response to the notice issued by the company if necessary. If the mistake was made in compliance with the provisions, rules and regulations of the shipment, such conduct of the Company was a clear violation of R12 of the Brokers and Agents Registration Rules. 2001, which rules that brokers holding registration certificates must strictly adhere to the Code of Conduct. CT and all of its business company practices misused its clients' securities through illegal commitments / conversions while maintaining high standards of integrity, urgency and fairness, and the requirements of RR 4 & 12 Was neglected and failed to fulfill. Brokers 'and agents' registration laws, 2001 and the commission's continued involvement in the securities business from time to time, violated the rules and regulations and did not comply with the Commission's directive. Strict action of interests In the public interest, to protect investors and maintain the integrity of the capital market. And keeping in mind that the company neither verbally nor otherwise
Related judgments — Securities and Exchange Commission of Pakistan, 2009
