Karachi: Attention of all Securities Brokers is drawn to PSX Regulation 4.17.5, whereby Securities Brokers excluding Trading Only and Online Only Securities Brokers, are required to submit annual Clients' Assets Segregation Statement (CASS) duly verified by their statutory auditor within forty-five (45) days of the close of their financial year.

In view of the above, all relevant Securities Brokers, whose financial year ended on June 30, 2024, are required to submit the annual CASS, duly verified by their statutory auditor by the latest by August 15, 2024. According to information available from the Pakistan Stock Exchange (PSX), failure to submit the required annual verified CASS within the stipulated timeframe shall trigger the enforcement action(s) as per PSX Regulation 20.8.3 which includes switching-off of trading terminals. The above may please be noted for compliance.