The Securities and Exchange Commission of Pakistan (SECP) organised an awareness session at its head office on Tuesday to provide journalists an overview of its working, says a press statement issued on Tuesday.
It covered investment banks, leasing companies, housing finance, modarabas, asset management companies, mutual funds, real estate investment trusts, voluntary pension system, corporatisation, reforms introduced in company registration, fundamentals of the capital market, stock and commodity exchanges, the National Clearing Company of Pakistan (NCCPL) and Central Depository Company (CDC).
The participants were also briefed on the systems available with the CDC and the NCCPL for investors to stay informed regarding the status of their investment portfolios and also briefed on the reforms undertaken by the SECP over the past years and the future SECP market reform agenda.
Securities Markets Division Commissioner Imtiaz Haider elaborated on various capital market activities. While answering various questions, he gave insights into other market dynamics to help participants develop a better understanding of concepts of market manipulation, insider trading and other unfair trade practices.
Published in The Express Tribune, April 25th, 2012.