Section 36B: Restriction of business — Securities and Exchange Commission of Pakistan Act, 1997

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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36B. Restriction of business.—(1) For the purposes of section 36A, the Commission may prohibit a regulated person from doing any one or more of the following, namely:— (a) entering into transactions— (i) of a specified description or other than of a specified description; or (ii) in specified circumstances or other than in specified circumstances; or (iii) to a specified extent or other than to a specified extent; (b) soliciting business from persons of a specified description or from persons other than of a specified description; or (c) carrying on business in a specified manner or other than in a specified manner. (2) A prohibition under this section may relate to transactions entered into in connection with or for the purposes of the regulated activity or to other business that is carried on in connection with or for the purposes of any such regulated activity. 1Ins. by Act No. XXXVI of 2016, s. 21. PART IXB SELF REGULATORY ORGANIZATION

Effective date: 1997-01-01

Related sections

Section 36AA: Power to give directions, circulars, code, guidelines etc Section 36BB: Power to call for information Section 36A: Scope of powers under this Part Section 36C: Selfregulatory organizations. A person who wishes to carry on activities as selfSection 36: Permitted disclosure. Nothing in section 35 shall preclude a person from:Section 36CC: Penalty, sanctions or revocation of registration

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