The SECP has become the one & only institution that is not only "Headless but also Powerless"
The prevailing row and tug of war between the very tow institutions i.e. SECP & ICAP , investors are worried about their investments they made within the financial markets. It is said to be believed that the acting Chairman belongs to ICMA lobby and also has close nexus with the former chairman Mr. Muhammad Ali and Advisor to SECP Mr. Abdul Rehman Qureshi. The later is said to be "a sailor to sink the titanic of SECP"; who bestowed chairmanship to Mr. Tahir Mehmood as Acting Chairman for their vested interests.
SECP issues over 100 orders against auditors in three years: Senate body informed | Business Recorder
