ACE SECURITIES (PVT.) LIMITED THROUGH CHIEF EXECUTIVE OFFICER versus
Failure to submit penalty amount in accordance with Section 22 Brokers and Agents Registration Rules, 2001, 8, 12 and Third Schedule without any justification, Securities and Exchange Commission directs the company to submit Rs. Was fined. The account of the Commission failed to comply with the Commission's order 30 days after the date of the order, and the video letter informed the Commission that the company would like to file an appeal in the Appellate Bench of the order on which the order company is located. Had failed to comply with the Commission's directive, violated Rule D1 (2) of the Code of Conduct, which was set forth under the third schedule of Brokers and Agents Registration Rule 2001 and the Company's style of 2001 Was violating the direction of the process. The commission was unacceptable and the broker who had to hold a registration certificate in this regard was required to abide by the Code of Conduct listed in Broker Rules, 20 at all times. 01 Each market shareholder was obliged to comply with the general and specific guidelines issued by the Commission and failure to comply with the rules and regulations of the Commission was not serious. The matter was taken lightly, the company was strictly warned to comply with the Commission's direction in the future, failing which appropriate action would be taken against it.
Related judgments — Securities and Exchange Commission of Pakistan, 2014
