INVEST CAPITAL MARKETS LIMITED, BROKER KARACHI STOCK EXCHANGE LIMITED versus
Section 22 Brokers and Agents Registration Rules, 2001, 8, 12, and Third Schedule Brokerage Company's sales engagements in selling and subsequently increasing their positions in various scripts noted that for the relevant period It was announced that the company's clients were busy selling and then ordering a sale to clients of the company promoting their position in various scripts, without any pre-existing interest, Responsible for overseeing trading activities. The order to track and prevent any transaction in violation of any applicable rules and regulations, failure to exercise proper care, skill and diligence in conducting business, and their issued rules It also failed to comply with the provisions of the Regulations. The commission and the stock exchange company, in the circumstances, violated Articles A (2) and A (5) of the Code of Conduct. Under the third schedule of Brokers and Agents Registration Rule 2001, which is in violation of Rules 12 and 8, the issuance of sales orders without existing interests was interrupted in a fair and smooth process of the market and Another misleading impression was made. Investors had to do their due role to each market shareholder to ensure that the market is fair, effective and transparent to protect investors, and to reduce the market risk of market share if any market partner. Does not work, then it should be held responsible for this breach of the rules and regulations, which was a serious matter that led the company to the Securities and Exchange
Related judgments — Securities and Exchange Commission of Pakistan, 2013
