Section 6 and 22 Brokers and Agents Registration Rules, 2001, R 8 Stock Exchange Members (Inspection Books and Records), 2001, Rr 3, 4 and 7 Securities and Exchange Rules, 1971, Third Schedule Broker Imposing Company The inclusion of clients for late payment charges and irregularities in the calculation of Net Capital Balance (NCB) and the fact that NCB was not in line with the third schedule of Securities and Exchange Rules, 1971 as applicable. Was unable to fulfill its obligations. Rules and Regulations In order to maintain investor confidence in the securities market, a number of rules, rules and regulations were set up by the Commission, which set the minimum standards that a company / broker would have for a broker company. Should follow. Considered professional that was beyond reproach. And it must perform its duties in a fair, efficient and unbiased manner. This was a serious matter, which could have led to the broker's registration being suspended and / or fined, but the commission chose not to use it. The Power Commission, with a humble view, complained to the company and was directed to fully comply with the ordinance, rules, regulations and commission directives in the future.
Related judgments — Securities and Exchange Commission of Pakistan, 2015
