Secp: Brokerages advised to maintain functional websites

Broker’s website should include information about company’s basic business and financial details, shareholding pattern


Our Correspondent July 03, 2015
Web link of the SECP investor education programme, Jamapunji, has also been made mandatory to be placed prominently on the homepage of the website. PHOTO: AFP

KARACHI:


The Securities and Exchange Commission of Pakistan (SECP) has advised stock exchanges to ensure that all brokerage companies registered with the regulator maintain functional websites with minimum contents/information latest by December 31.


The broker’s website should include information about the company’s basic business and financial details, shareholding pattern, compliance with the code of corporate governance, contact details, investors’ complaints/grievances, feedback portal etc.


The web link of the SECP investor education programme, Jamapunji, has also been made mandatory to be placed prominently on the homepage of the website of every brokerage company.


The SECP wants to ensure investors’ protection and a website with up-to-date information at any given point in time will provide investors with accurate and easy access to information, the SECP statement said.

Published in The Express Tribune, July 3rd,  2015.

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