Tag: Suspend

SECP threatens to suspend 158 members in NCEL

KARACHI: A majority of the over 200 members of National Commodity Exchange Limited (NCEL) are faced with the suspension of their membership for not complying with the rules and regulations set by the Securities and Exchange Commission of Pakistan (SECP), Pakistan Today has reliably learnt.
According to well-placed sources, the apex regulator had early this year, set December 31 as a deadline for NCEL members to get a 'brokerage license' from the SECP and become active brokers at