Increasing Capital Market Outreach: SECP approves new regulations

ISLAMABAD: In line with its objective of fostering growth of a capital market based on fairness and investor protection and promoting transparency, standardisation and improved controls for the advisory business, the SECP has approved Securities and Futures Advisers (Licensing and Operations) Regulations, 2017. The regulations have been published in the official Gazette and have also been placed on the SECP’s website, said a statement on Friday. The new regulatory framework allows both companies and individuals with a clean track record and necessary qualifications and skillset to act as a securities or futures adviser.

Published in The Express Tribune, April 22^nd, 2017.

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