SRO 1349 (I)/2018 draft amendments to the Futures Brokers (Licensing and Operations) Regulations, 2018

Government of Pakistan
Securities and Exchange Commission of Pakistan -.-.-.- Islamabad, 5 th November, 2018 NOTIFICATION S. R. O. 1349 (I)/2018.- The following draft amendments to the Futures Brokers (Licensing and Operations) Regulations, 2018, proposed to be made by the Securities and Exchange Commission of Pakistan, in exercise of the powers conferred by sub-section (1) of section 114 of the Futures Market Act, 2016 (XIV of 2016), are hereby published for information of all the persons likely to be affected thereby and notice is hereby given that objections or suggestions, if any, received within fourteen days from the date of publication in the official Gazette, with subsequent placement of the draft regulations on the website of the Commission, shall be taken into consideration, namely:- DRAFT AMENDMENTS In the aforesaid regulations, in regulation 4, in sub-regulation (1), in clause (o), in the Explanation, after the word “control” the words “ten percent or more” shall be inserted.”. [No. SY/SECP/(8)/13]