Section 5A, 18 and 22 Brokers and Agents Registration Rules, 2001, Rr 8 and 12 7 Violation of the Code of Conduct Requirements for the implementation of the penal process by issuing a showcase notice on violations of the Code of Conduct was done. Brokers and agents registered in the Third Schedule of 2001 and the Securities and Exchange Commission received numerous complaints from investors for making false and inaccurate statements / information alleging that a person who is not registered and / Was not authorized , Their activities in dealing with securities and affecting transactions on behalf of their clients / investors were illegal and completely disregarded the relevant securities laws and regulations of the Company and its Chief Executive Officer, Fully aware of the facts related to illegality. False and inaccurate statements made by the allegedly unauthorized person were a clear violation of Section 18 of the Company and its Chief Executive Officer, Securities and Exchange Ordinance, 1969, issued by the Company in January. The unauthorized person used his stationery to open an account using the stationery and pointed out that it was a branch of his organization. The company was deliberately violated Section 18 of the Securities and Exchange Ordinance, 1969, the ordinance was liable to be fined under section 22 of the company, it was directed to pay all the complainant's claims. Pay 5,000,000 (five million) with instructions to do / resolve. Term -, in which one year to register as a broker
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
