May 20, 2024

PSX conducts regulatory awareness session on Market Misconducts/ Abuses for securities brokers

Pakistan Stock Exchange Limited (PSX), as the frontline regulator, has been at the forefront of taking various regulatory measures to protect the integrity and fairness of the securities market. As part of these efforts, PSX regularly conducts awareness sessions and webinars for market participants with the aim to impart knowledge of the core regulatory requirements and ensure strong compliance culture.

In this regard, PSX conducted a regulatory awareness session for market participants on the important area of Market Misconducts/ Abuses prescribed under Chapter 7A of PSX Rulebook. During the session, the Chief Regulatory Officer of PSX along with his senior Surveillance team members provided detailed insight on the legal frameworks governing market abuses and the various forms of market abuses which are prohibited and tantamount to criminal offences if committed by any person. Additionally, the PSX officials also enlightened the participants about the powers of PSX and SECP regarding market surveillance, related enquiries and investigations as well as the strengthening of surveillance activities post-deployment of the state-of-the-art surveillance system at PSX.