Sections 6 and 22 Brokers and Agents Registration Rules, 2001, R8 Central Depository Act (XIX of 1997), Members of the Section 28 Stock Exchange (Inspection of Books and Records) Rules, 2001, RR 3, 4 and 7 Securities End Exchange Rules, 1971, presented by the inspection team, filed by the inspection team for delayed payment charges and for defaulting in the calculation of Net Capital Balance (NCB) by the broker company. Third schedule to be included, it is revealed that the broker / company has failed to fulfill its obligations by maintaining proper. According to the Securities and Exchange Rules, 1971, in order not to produce the NCB certificate, to maintain investor confidence in the account books and securities market, the Commission had laid down a number of rules, rules and regulations Was suggested. Set the standards that a broker must follow as a broker should be considered professional which is beyond reproach. And it should perform its duties in a fair, competent and impartial manner, with a direct view of the matter, in the exercise of powers under section 22 of the Securities and Exchange Ordinance, 1969, which was a serious matter commission. Broker / Company, a fine of Rs. 50,000 (Rs.
Related judgments — Securities and Exchange Commission of Pakistan, 2015
