SECP vows to curb manipulation
SEPC’s activities are governed through various laws
ISLAMABAD:
The Securities and Exchange Commission of Pakistan (SECP) reaffirmed its commitment to remain vigilant against perpetrators of manipulative schemes, insider trading and violators of regulatory principles, a statement released by the SECP on Monday said. The SECP has wide-ranging powers under existing laws. It is mandated to regulate the capital markets, corporate sector, insurance and non-banking financial companies, investment schemes and entities linked to sectors under its jurisdiction. The SEPC’s activities are governed through various laws including the SECP (Amendment) Act 2016, Companies Act 2017, Securities Act 2015, Insurance Act 2002 and a number of other laws, the statement added.
Published in The Express Tribune, August 22nd, 2017.
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