Summary SECP has requested that journalists reporting about the stock market should consider facts
KARACHI (Dunya News) -- Security and Exchange Commission of Pakistan (SECP) has condemned the circulating reports that National Accountability Bureau (NAB) and SECP’s investigations of certain stock brokers are behind the volatility in stock exchange market, reported Dunya News.
According to a press release by SECP, it is stated that only those cases of corruption have been forwarded to NAB in which the brokers have fled the country after defrauding the investors adding that the regulatory body has not sent any other cases of irregularities to NAB.
A joint investigation team comprising of officers from SECP and NAB is working these cases, stated the release. and not fall in the trap of those who trying to damage the proceedings of the stock market.
