Section 22 Brokers and Agents Registration Rules, 2001, 8, 12, 13 and Third Schedule Unlawfully buying and selling shares. After examining the relevant records, it was found that the company's clients bought and sold shares in ten different scripts. In such a way that the purchase orders are similar to each other but as a result the beneficial ownership of the shares has not changed, in response to the notice issued to the company, the company stated that its client was complete. Was unaware of the rules and ensured that he took strict notice of the infringement and would not be repeated in the next company, though once again in a business of 1318 shares in 83 different scripts. In keeping with the situation, the company was issued under the Securities and Exchange Ordinance, Section 22 of 1969 and the registration rules for brokers and agents. According to R8 of 2001, Rules was given some responsibility for the Company's breach of the market and was obliged to follow the rules and conduct all its business company due diligence, care and The obligation to act diligently was not expected to be involved in any action that would harm or interfere with the interests of the investors. The smooth and fair action of the Market Company violated the Brokers and Agents Registration Rules, 2001 and Code of Conduct, which attracted Section 8 of the Brokers Rules 2001, and Section 22 of the Securities and Exchange Ordinance, 1969. , Which was a serious matter. Giving the commission the authority to suspend the registration of the company, even though the company assured that
Related judgments — Securities and Exchange Commission of Pakistan, 2009
