Next Capital Becomes First Broker to Secure SECP’s Securities Manager License
Next Capital Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to operate as a Securities Manager, becoming the country’s first securities broker to hold this license. The milestone allows the firm to expand into portfolio management and investment advisory services.
PSX Suspends Trading of Eight Companies Over Regulatory Non-Compliance
The Pakistan Stock Exchange has suspended trading in shares of eight listed companies due to multiple regulatory breaches, including failure to hold AGMs, submit audited accounts, pay dues, and comply with CDS requirements.