KSE assures NAB of help against fraud brokers


The Karachi Stock Exchange (KSE) on Friday resolved to cooperate with the National Accountability Bureau in apprehending the perpetrators of fraudulent activities at the bourse. In a statement issued here, the front regulator said it would extend all possible assistance the NAB to nab those members who were either expelled or had defaulted for their unlawful acts that left the investors and their clients suffering financial losses. “The KSE under its Rules and Regulation has already made financial reimbursement to the effectees/investors who had suffered losses at the hands of these defaulters/expelled members,” the KSE said.