Non-compliance: SECP issues 11 warning letters
Securities Market Division of SECP issues warnings for execution of blank sales and wash trades.
As a part of surveillance and monitoring activities, the Securities Market Division (SMD) of the Securities and Exchange Commission of Pakistan has issued two warning letters to non-compliant members of the stock exchange, for execution of blank sales and wash trades.
Owing to regulatory non-compliance, nine warning letters were issued to the beneficial owners of three listed companies for late filing of returns of beneficial ownership.
Published in The Express Tribune, February 10th, 2011.
Owing to regulatory non-compliance, nine warning letters were issued to the beneficial owners of three listed companies for late filing of returns of beneficial ownership.
Published in The Express Tribune, February 10th, 2011.