Karachi: The Pakistan Stock Exchange (PSX) has restricted the trading facilities of three securities brokers due to non-compliance with regulatory requirements. This development comes after the brokers failed to submit their annual audited financial statements for the fiscal year ending June 30, 2026, as mandated by PSX Regulation 4.26.

The brokers affected by this action include HMC Stocks (Private) Limited, Saima Qaiser Securities (Private) Limited, and Ahsam Securities (Private) Limited. According to Regulation 20.15, the Chief Regulatory Officer (CRO) of PSX issued a seven-day notice to these brokers, which they did not comply with, leading to the imposition of restrictions on their trading facilities.

According to information available from the Pakistan Stock Exchange (PSX), the restrictions have been enacted immediately and will remain in effect until further notice. This measure ensures adherence to the regulatory framework governing the stock exchange and emphasizes the importance of timely submission of financial documentation.

Market participants and other concerned parties have been duly informed of these restrictions, which serve as a reminder of the compliance obligations that securities brokers must adhere to within the designated market category. The PSX continues to enforce its regulations to maintain market integrity and transparency.