With the cost of living rising sharply, most SECP
pensioners find it difficult to make ends meet on their meagre pension which is half of the pension being received by the federal government employees.
However, Sabzwari will continue to serve as a commissioner in the SECP
. The PTI government had appointment Aamir Khan as an SECP
commissioner in November last year.
The federal cabinet had last week decided to change chairmen of both SECP
and its Policy Board, ending a long-standing dispute between the two.
In his position as Executive Director at the SECP
for over six years, he headed key operational departments including the Specialized Companies Department, Securities Market Surveillance Department, Commodities Market Department and International Relations.
According to media, the officials of the regulator could conduct raids on offices, homes and confiscate various items, the SECP
It said that being the apex regulator of the corporate sector, the SECP
was taking all necessary steps to ensure beneficial regulation and growth of capital market and corporate sector in the country.
's powers are restricted to offences provided in the SECP
Act, 1997, and other administered legislation as provided in its Schedule.
The company has been found involved in illegal deposit taking by offering hefty monthly profits on fixed investments,said a statement issued by SECP
here on Tuesday.
directives, issued under SRO 31 (I)/2019 on Wednesday, warned that all life and nonlife insurers including family and general takaful operators are required to obtain cyber risk insurance to cover their own cyber risks to mitigate losses or damages from a variety of cyber incidents, including data breaches, business interruption, and network damage.
It has come to the SECP
's knowledge that in the name of Fine Sarmayakari Company, an anonymous person is engaged in unauthorized and dubious activities by placing advertisements in different newspapers.
Over 2000 candidates have submitted their CB in response to finance division advertisement o for vacant posts, of which, highly creditable sources say, around 30 possess the relevant experience and qualification required under SECP
A Memorandum of Understanding (MOU) was signed at the NACTA head office between the SECP
and NACTA in this regard.