Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of the trading terminals of B&B Securities (Private) Limited, effective from April 27, 2026. This decision follows a series of regulatory violations detected during an inspection by the Securities and Exchange Commission of Pakistan (SECP) and PSX, according to a statement released by the exchange.
The suspension stems from the non-cooperation of B&B Securities in submitting required information, despite repeated reminders, as highlighted in PSX Notice No. N-1245 dated November 19, 2025. The PSX imposed restrictions on proprietary trading and the opening of new client accounts for B&B Securities in response to these compliance issues.
According to information available from the Pakistan Stock Exchange (PSX), the nature of the violations is significant, prompting the enforcement of PSX Regulation 20.5.2 (g). The exchange emphasized that the suspension is in the interest of investors, underscoring the gravity of the regulatory breaches.
The order, dated April 24, 2026, permits B&B Securities to close out its open positions, but only within a controlled environment. The suspension will remain in effect until further notice, as the exchange continues to uphold stringent regulatory standards in the designated market category.