SECP reports defaulting broker to international securities regulators

ISLAMABAD, March 3: The Securities and Exchange Commission of Pakistan (SECP) has reported M.R. Securities, the Lahore-based stockbroker involved in financial fraud, to international securities regulators through the International Organization of Securities Commissions (IOSCO). It has also reported this brokerage house to the Financial Monitoring Unit to initiate action under the Anti Money Laundering Act, 2010.