Talking to media on Friday, Committee Convener Zafar Iqbal Siddiqui insisted that the Securities and Exchange Commission of Pakistan (SECP) should use the full force of law against the stockbrokers who have fled with cash and securities of their clients.
The investors reacted following the sudden closure of business in Multan and other cities by Lahore-based stockbroker Mazhar Rafiq, the owner of MR Securities.
The owner of MR Securities disappeared several days ago with cash and shares worth millions of rupees of the investors.
Published in The Express Tribune, February 11th, 2017.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS (1)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ