SECP approves Rule Book for KSE
Rule Book incorporates necessary changes to the regulatory framework.
The Securities and Exchange Commission of Pakistan has approved the Rule Book for the Karachi Stock Exchange.
The Rule Book incorporates necessary changes to the regulatory framework while providing regulatory cover to the structural changes at the KSE.
It has not only aided in prescribing a refined and consistent set of regulatory framework for the capital market, but also paved the way for effective enforcement of the regulatory provisions by the regulators.
The SECP has instructed the KSE to ensure gazette notification of the approved Rule Book within 15 days from the date of approval to ensure timely implementation.