Applicants applying for certification of registration as brokers of 11 and 12 (4) false experience certificates submitted the application to the Securities and Exchange Commission and it was observed that the applicant had submitted an experience certificate, It was reported that an applicant had submitted the applicant. The relevant field had more than five years of experience In further investigation, it was revealed that the certificate was a fake / false applicant had nothing to offer in its defense, and was aware of the fact that the certificate provided by it False Applicant lacks the required experience. The applicant's R12 (4) requirement was denied as required under commodity purchase, sale and trading, commodity futures contracts or other securities such as R11 (1) of the Commodity Exchange and Futures Contract Rules, 2005 ? Commodity Exchange and Future Contract Rules 2005, the applicant was banned from any regular financial activity, less registered with the relevant authority
Related judgments — Securities and Exchange Commission of Pakistan, 2014
