Regulatory Alerts2002-01-01
Circular No. 24 of 2002 Regarding Securities Brokerage Trading of Pledged Shares
The Financial Regulatory Authority issued Circular No. 24 of 2002 to regulate trading activities involving pledged shares. The directive mandates that securities brokerage companies must strictly adhere to legal procedures when executing trades on such assets. This regulation aims to ensure compliance and prevent unauthorized transactions on pledged securities.
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