Thursday, 18 April 2013 02:23
Posted by Imaduddin
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) with the approval of the federal government has reviewed the existing Ballotters, Transfer Agents & Underwriters Rules, 2001 and drafted two separate sets of regulatory frameworks, viz. the draft Underwriter Rules, 2013, and the draft Balloters and Transfer Agent Rules, 2013. "The revision of BTU rules is SECP's one of the major moves towards development of the capital market in Pakistan" said a statement issued by the Commission here Wednesday. The SECP said that both sets of draft rules have been published in the official gazette for seeking public opinion as required under sub-section (2) of Section 39 of the Securities and Exchange Commission of Pakistan Act, 1997. The draft rules are also available for public comments at the Discussion Forum on the SECP's website www.secp.gov.pk. The existing BTU rules were promulgated on June 27, 2001, under Section 32C read with ...
183
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) with the approval of the federal government has reviewed the existing Ballotters, Transfer Agents & Underwriters Rules, 2001 and drafted two separate sets of regulatory frameworks, viz. the draft Underwriter Rules, 2013, and the draft Balloters and Transfer Agent Rules, 2013. "The revision of BTU rules is SECP's one of the major moves towards development of the capital market in Pakistan" said a statement issued by the Commission here Wednesday. The SECP said that both sets of draft rules have been published in the official gazette for seeking public opinion as required under sub-section (2) of Section 39 of the Securities and Exchange Commission of Pakistan Act, 1997. The draft rules are also available for public comments at the Discussion Forum on the SECP's website www.secp.gov.pk. The existing BTU rules were promulgated on June 27, 2001, under Section 32C read with ...
KARACHI: Karachi Stock Exchange (KSE) here Monday announced shifting two companies from ‘defaulters’ segment’ to ‘normal counter’ and commencement of trading in their shares.A KSE release said Mandviwala Mauser Plastic Industries Limited and Dandot Cement Company Limited have rectified the default of Listing Regulation No.30(1)(e) relating to non-payment of Annual Listing Fee.In view of the above, suspension of trading in the shares of the Companies was removed and the name of the Companies e shifted ...
TAHIR AMINISLAMABAD: Prices of most of the essential food items including vegetables and fruits registered a sharp increase in the week past as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday.Traders and wholesalers in different markets of the twin cities Rawalpindi and Islamabad revealed that due to the recent rains in most parts of the country, arrival of vegetables and fruits delayed, besides disruption in supply chain, which ...
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has categorically stated that the regulator will continue to take corrective measures to eliminate market manipulation. In a statement by the spokesman of the apex regulator it was stated that SECP will not budge to attempts to malign it. It said that recently, the SECP has initiated various actions on account of security market frauds and market manipulation, as well as finalisation of long-standing proposed prosecutions ...
WAQAR LILLAH ISLAMABAD: The prices of most of the essential kitchen items remained stable with slight increase in vegetables prices last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday.Traders and wholesalers in different markets of the twin cities of Rawalpindi/Islamabad told that prices of most of the non-perishable food items remained unchanged last week as compared to the preceding week, as a tin of cooking oil ...
