Pakistan Stock Exchange (PSX) has suspended all trading terminals of M/s Din Capital Limited with immediate effect. The PSX, in a notice issued by Abbas Mirza, acting Chief Regulatory Officer of the PSX, informed all market participants that the Securities and Exchange Commission of Pakistan (SECP) has imposed a penalty of Rs 5 million and suspended the license of M/s Din Capital Limited as Securities Broker and directed PSX, Central Depository Company of Pakistan Limited and National Clearing Company of Pakistan Limited to proceed further as per their regulatory framework.
"Consequently, and in compliance with the directive of SECP, the Exchange has suspended all trading terminals of the said Broker with immediate effect until further notice," said the PSX notice.
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