SECP Introduces New Regulatory Regime for Securities Brokers

ISLAMABAD – June 24, 2016: In line with its efforts to strengthen the capital market and as part of subsidiary legislation under the Securities Act, 2015 (the “Act”), the Securities and Exchange Commission of Pakistan (SECP) has accorded its approval to the Securities Brokers (Licensing and Operations) Regulations, 2016. The regulations, which have been published in the official gazette and placed at the SECP website, will take effect upon notification of commencement of Part V of the Act by the Federal Government.