Section 15E Insider Trading Respondent traded extensively on the shares of several companies, and its trade was conducted through a brokerage company, holding a broker / trading rights intelligence certificate in which the defendant. Ali's stock exchange trading co-operation was also important. Information obtained from another brokerage company, with the trade of another broker's foreign clients, revealed that another person, the operator, said that the other brokerage company was responsible for the execution of orders made by foreign clients. Said that a person was an insider. / Disclosure of insider information regarding trade orders received by defendants from foreign clients, according to insider information, the respondent was involved in insider trading, while the other person was insider due to his position and employment at another brokerage company. He provided the content. Non-public information regarding foreign clients' business orders Respondent, based on insider information, was involved in the internal trade of his account, and he repented, in the manner of offering his offense in a pardonable manner. The extent of, the personal circumstances of the competitor; and the difficulties suffered by his or her family; In exercising the powers under section 15E (1) of the Securities and Exchange Ordinance, 1965, a soft view was taken in the matter, for the respondents to violate section (1) by Rs 1,100,000 (only eleven. Million) was fined. Section 15A of section 15A of the Securities and Exchange Ordinance, 1969
Related judgments — Securities and Exchange Commission of Pakistan, 2014
