Securities and Exchange Commission of Pakistan (SECP) files criminal cases against individuals involved in stock market manipulation.

Securities and Exchange Commission of Pakistan (SECP) files criminal cases against individuals involved in stock market manipulation, including sponsors and brokerage house management. The SECP discovered their involvement in manipulating share prices of three listed companies, violating the Securities Act. The accused gained profits by placing high-priced orders, trading with each other, and using fake buy orders to artificially raise stock prices.

March 06, 2024
3 Articles