SECP Cancels Securities’ Broker License of 3 Firms

The Securities and Exchange Commission of Pakistan (SECP) has canceled the broker licenses of three companies, the Pakistan Stock Exchange informed all shareholders on Monday.

These actions have been implemented to uphold regulatory standards and protect the interests of investors, demonstrating the SECP’s dedication to ensuring the integrity of the trading environment.

SECP has cancelled the following broker licenses:

#	Name of TRE Certificate Holder	Reasons for Cancellation	Status of Trading Terminals
1	Xpert Securities Limited	Applied for voluntary surrender of TRE Certificate. Not Applied for renewal of broker license.	Trading terminals were suspended by PSX
2	CAMCO (Private) Limited	Suspended due to regulatory breach(es). Not applied for renewal of broker license.	Trading terminals were suspended by PSX
3	Enrichers Securities (Private) Limited	Suspended due to regulatory breach(es). Not recommended for renewal of broker license.	Trading terminals were suspended by PSX