In advance of Pakistan Tehreek-e-Insaf's (PTI) public meeting on September 8, the Islamabad government of Pakistan would close all internal and exterior roads through the nation's capital city by midnight on Saturday and Sunday.

Pakistan Protest: Roads blocked, containers placed on highway ahead of PTI jalsa

Pakistan Tehreek-e-Insaf (PTI) founder and former Pakistani Prime Minister Imran Khan approached the Islamabad High Court (IHC) on Tuesday against the possible military custody for the military court trial.

Pakistan: Imran khan moves Islamabad High Court against military custody

The Securities and Exchange Board of India (SEBI) has taken significant action by cancelling the registrations of 39 stock brokers, seven commodity brokers, and 22 depository participants. This decision, announced on 30 August 2024, results from these entities failing to meet essential compliance requirements, thereby posing a potential risk to investors, as detailed in a PTI report.

SEBI's primary aim in revoking these registrations is to prevent any misuse of their status, particularly as these brokers are no longer active members of recognised stock exchanges or affiliated with depositories. The regulator stated, "This move aims to protect unsuspecting investors," emphasising the importance of maintaining a secure trading environment.

Despite the cancellations, the affected entities remain accountable for their past actions and must settle any outstanding dues to SEBI. They are also required to preserve records, address investor grievances, and ensure the continuity of services to their clients. SEBI noted that these brokers were initially granted registration under the condition that they would maintain membership in a recognised stock exchange, a requirement they no longer fulfil.

Among the stock brokers whose registrations have been cancelled are Bezel Stock Brokers, Reflection Investments, and Quantum Global Securities. The list also includes other firms such as Aanya Commodities and Destiny Securities. The seven commodity brokers affected include Wealth Mantra Commodities and Sumpoorna Comtrade.

In addition to the brokers, SEBI has also cancelled the registrations of 22 depository participants, which are entities that facilitate the holding and transfer of securities in electronic form. These participants were found to have terminated their agreements with depositories, thus failing to meet the criteria set out under the Depository Participants Regulations of 2018.

Who is a stock broker?<o:p></o:p>

A stockbroker, also known as a broker, is a financial market representative who operates in securities. Their primary job role involves obtaining purchase and sale orders and executing the same. Market participants or investors rely on their expertise and knowledge regarding market dynamics to invest in stocks and other investment options.

What are the functions of stock brokers?<o:p></o:p>

Stockbrokers offer a range of essential services to their clients, including providing informed advice on buying and selling stocks and other securities based on thorough market research. They handle transactions and related paperwork, maintain detailed records of all activities, and manage clients' investment portfolios with regular updates and responses to inquiries. Additionally, they keep clients informed about new investment opportunities and assist in adjusting investment strategies in response to changing market conditions.

Caution for Investors<o:p></o:p>

Vijay Kedia, Founder and Managing Director at Kedia Capital Services, has cautioned investors who may have a Demat account with any of the banned brokers, urging them to proceed with caution. He stated, "SEBI has banned these 39 stock brokers. If you have a Demat account with any of these, be cautious!"

The list of cancelled registrations includes:-<o:p></o:p>

1. Bezel Stock Brokers Private Limited

2. Reflection Investments

3. Action Financial Services (India) Ltd

4. Sumpoorna Portfolio Limited

5. Vineet Securities Pvt Ltd

6. Quantum Global Securities Limited

7. Wellindia Securities Limited

8. Vrise Securities Private Limited

9. Credential Stock Brokers Ltd

10. Aanya Commodities Pvt Ltd

11. Amber Solutions Pvt Ltd

12. Arcadia Share &amp; Stock Brokers Private Limited

13. C.M. Goenka Stock Brokers Pvt Ltd

14. Destiny Securities Ltd

15. Bhavesh Dhirajlal Stock Broking Co Ltd

16. Enrich Fin &amp; Securities Ltd

17. First Futures and Stocks Private Limited

18. Ganga Yamuna Finvest Private Limited

19. Gems Equities &amp; Securities Pvt Ltd

20. Indovision Securities Limited

21. Olympia Securities Limited (Investnet Securities India Ltd)

22. Century Consultants Ltd

23. Merfin (India) Ltd

24. Micro Forex Equity &amp; Derivatives Private Limited

25. Moneyflo Securities Private Limited

26. Mousumi Deb Roy (Goodluck Securities)

27. Orient Capital Markets Pvt Ltd

28. Orion Capital and Debt Market

29. Parikh &amp; Shah Finvest Pvt Ltd

30. Prem Somani Share Brokers Pvt Ltd

31. Prime Broking Company (I) Limited

32. Rusoday Securities Ltd

33. Saarc Net Limited

34. Star Share &amp; Stock Brokers Ltd

35. Unicon Securities Pvt Ltd (Unickon Securities Pvt Ltd)

36. Wealth Mantra Limited

37. Yuvraj Securities

38. Classic Share &amp; Stock Broking Services Ltd

39. Grovalue Securities Private Limited

<o:p>&nbsp;</o:p> 
The cancellation of registrations is part of SEBI's ongoing efforts to uphold the integrity of the capital markets and ensure that only compliant entities operate within this space. The regulator has emphasised that all parties involved must take necessary actions regarding any defaults or pending matters, ensuring that investor interests remain protected.

The Securities and Exchange Board of India (SEBI) has taken significant action by cancelling the registrations of 39 stock brokers, seven commodity brokers, and 22 depository participants.

The Securities and Exchange Board of India (SEBI) has taken significant action by cancelling the registrations of 39 stock brokers, seven commodity brokers, and 22 depository participants. This decision, announced on 30 August 2024, results from these entities failing to meet essential compliance requirements, thereby posing a potential risk to investors, as detailed in a PTI report. SEBI's primary aim in revoking these registrations is to prevent any misuse of their status, particularly as these brokers are no longer active members of recognised stock exchanges or affiliated with depositories. The regulator stated, "This move aims to protect unsuspecting investors," emphasising the importance of maintaining a secure trading environment. Despite the cancellations, the affected entities remain accountable for their past actions and must settle any outstanding dues to SEBI. They are also required to preserve records, address investor grievances, and ensure the continuity of services to their clients. SEBI noted that these brokers were initially granted registration under the condition that they would maintain membership in a recognised stock exchange, a requirement they no longer fulfil. Among the stock brokers whose registrations have been cancelled are Bezel Stock Brokers, Reflection Investments, and Quantum Global Securities. The list also includes other firms such as Aanya Commodities and Destiny Securities. The seven commodity brokers affected include Wealth Mantra Commodities and Sumpoorna Comtrade. In addition to the brokers, SEBI has also cancelled the registrations of 22 depository participants, which are entities that facilitate the holding and transfer of securities in electronic form. These participants were found to have terminated their agreements with depositories, thus failing to meet the criteria set out under the Depository Participants Regulations of 2018. Who is a stock broker? A stockbroker, also known as a broker, is a financial market representative who operates in securities. Their primary job role involves obtaining purchase and sale orders and executing the same. Market participants or investors rely on their expertise and knowledge regarding market dynamics to invest in stocks and other investment options. What are the functions of stock brokers? Stockbrokers offer a range of essential services to their clients, including providing informed advice on buying and selling stocks and other securities based on thorough market research. They handle transactions and related paperwork, maintain detailed records of all activities, and manage clients' investment portfolios with regular updates and responses to inquiries. Additionally, they keep clients informed about new investment opportunities and assist in adjusting investment strategies in response to changing market conditions. Caution for Investors Vijay Kedia, Founder and Managing Director at Kedia Capital Services, has cautioned investors who may have a Demat account with any of the banned brokers, urging them to proceed with caution. He stated, "SEBI has banned these 39 stock brokers. If you have a Demat account with any of these, be cautious!" The list of cancelled registrations includes:- 1. Bezel Stock Brokers Private Limited 2. Reflection Investments 3. Action Financial Services (India) Ltd 4. Sumpoorna Portfolio Limited 5. Vineet Securities Pvt Ltd 6. Quantum Global Securities Limited 7. Wellindia Securities Limited 8. Vrise Securities Private Limited 9. Credential Stock Brokers Ltd 10. Aanya Commodities Pvt Ltd 11. Amber Solutions Pvt Ltd 12. Arcadia Share & Stock Brokers Private Limited 13. C.M. Goenka Stock Brokers Pvt Ltd 14. Destiny Securities Ltd 15. Bhavesh Dhirajlal Stock Broking Co Ltd 16. Enrich Fin & Securities Ltd 17. First Futures and Stocks Private Limited 18. Ganga Yamuna Finvest Private Limited 19. Gems Equities & Securities Pvt Ltd 20. Indovision Securities Limited 21. Olympia Securities Limited (Investnet Securities India Ltd) 22. Century Consultants Ltd 23. Merfin (India) Ltd 24. Micro Forex Equity & Derivatives Private Limited 25. Moneyflo Securities Private Limited 26. Mousumi Deb Roy (Goodluck Securities) 27. Orient Capital Markets Pvt Ltd 28. Orion Capital and Debt Market 29. Parikh & Shah Finvest Pvt Ltd 30. Prem Somani Share Brokers Pvt Ltd 31. Prime Broking Company (I) Limited 32. Rusoday Securities Ltd 33. Saarc Net Limited 34. Star Share & Stock Brokers Ltd 35. Unicon Securities Pvt Ltd (Unickon Securities Pvt Ltd) 36. Wealth Mantra Limited 37. Yuvraj Securities 38. Classic Share & Stock Broking Services Ltd 39. Grovalue Securities Private Limited The cancellation of registrations is part of SEBI's ongoing efforts to uphold the integrity of the capital markets and ensure that only compliant entities operate within this space. The regulator has emphasised that all parties involved must take necessary actions regarding any defaults or pending matters, ensuring that investor interests remain protected.

SEBI cancels registration of 39 stock brokers, 7 commodity brokers

Pakistan's capital was tense on Thursday after jailed former prime minister Imran Khan’s party PTI threatened to go ahead with its plan to hold a rally here in the capital despite the government’s refusal to permit it.

Pakistan tense over PTI party's rally plans

Pakistan tense as PTI decides to go ahead with rally in Islamabad

Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister Gohar Ali Khan Friday said that his party has nothing to do with the arrest of Lt Gen (retd) Faiz Hameed, and that he had never issued any instructions to the party.

Gohar Ali Khan: PTI has no connection with Lt Gen (retd) Faiz's arrest

In Pakistan, there is no end to troubles for the former Prime Minister Imran Khan and his wife Bushra Bibi. In the latest, Bushra Bibi has been named as a suspect in 15 cases.

Pakistan: Ex-PM Imran Khan's wife Bushra Bibi named as suspect in 15 cases

Pakistan's former Prime Minister and PTI Chairman Imran Khan has announced his readiness to negotiate with the military and called on the army to appoint a representative for the talks. Watch in for more details!

Pakistan: Imran Khan 'ready to hold talks' with military

Asad Qaiser, the head of Pakistan Tehreek-e-Insaf (PTI), anticipates that the party's circumstances will improve in the future and that, after obtaining the "magic number" needed to depose the current government, it would be able to form government in December.

Pakistan to her new Chief Justice in October: What it means for the government?

The opposition alliance led by the Pakistan Tehreek-e-Insaf (PTI) has postponed the nationwide protest which was scheduled for Friday (July 26) for the release of party prisoners, including former Prime Minister Imran Khan. Watch in for more details!

Pakistan opposition bloc postpones nationwide stir

The opposition alliance led by the Pakistan Tehreek-e-Insaf (PTI) has announced country-wide protests on Friday (July 26) for the release of party prisoners, including former Prime Minister Imran Khan. Watch in for more details!

Pakistan Tehreek-e-Insaf led opposition bloc gives protest call

Pakistan: PTI led opposition alliance calls for a nationwide protest

Pakistan authorities on Friday braced for a possible showdown with supporters of jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf after the party announced a countrywide protest for the release of all arrested party leaders.

Apart from the PTI, the rightwing Jamaat-e-Islami also announced a demonstration in Islamabad against the rising high cost of electricity and other commodities.

The Pakistan Tehreek-e-Insaf (PTI) party will hold nationwide protests for the release of 71-year-old founder Khan and other arrested party leaders and workers.

Khan was arrested on August 5 last year after his conviction in the first Toshakhana corruption case filed by the Election Commission of Pakistan. Since then, he has been kept in jail in various cases.

Though the former-cricketer-turned-politician had secured bail or his conviction was set aside, he has not been released.

According to the PTI, it will hold a protest in front of the National Press Club in the capital, while the Jamaat-e-Islami plans to stage a sit-in at the famous F-Chowk facing the parliament building.

Meanwhile, police in Islamabad imposed section 144, banning all kinds of gatherings, including protests in the federal capital, and sealing the Red Zone for all entries. The zone houses key government offices and embassies.

Police also partially closed the Islamabad Highway at the Faizabad Interchange, which sits at the main entry point from Rawalpindi to Islamabad.

Separately, the Punjab Home Department imposed section 144 in the province to ban all protests and gatherings.

The PTI has claimed its party leaders are being arrested ahead of nationwide protests, saying that the Punjab Police raided PTI leader Raja Basharat’s house in Rawalpindi. It also noted that more than a dozen people, including lawmaker Javed Iqbal, have been arrested in the Rahim Yar Khan city.

The party says the police in Lahore raided the house and camp of PTI leader Mehr Naeemullah and arrested five of his friends, but Naeemullah managed to escape from there.

So far, the authorities have thwarted the efforts of the PTI to hold big rallies. The call for Friday’s protest comes after the party was reinvigorated by the Supreme Court judgment of July 12, which not only endorsed its status as a political party but also awarded it reserved seats.

Strengthened by the verdict, PTI Secretary General Omar Ayub Khan asked his workers to prepare for elections.

“New election will be held after November as the current government has failed,” he said.

The Supreme Court on July 12 declared that the PTI was a political party and eligible to receive reserved seats for women and non-Muslims in the national and provincial assemblies. The ruling meant that independent members of the parliament who won elections with the support of PTI could join it.

Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION&nbsp;audience. 
&nbsp;

Pakistan authorities on Friday braced for a possible showdown with supporters of jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf after the party announced a countrywide protest for the release of all arrested party leaders.

Pakistan authorities on Friday braced for a possible showdown with supporters of jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf after the party announced a countrywide protest for the release of all arrested party leaders. Apart from the PTI, the rightwing Jamaat-e-Islami also announced a demonstration in Islamabad against the rising high cost of electricity and other commodities. The Pakistan Tehreek-e-Insaf (PTI) party will hold nationwide protests for the release of 71-year-old founder Khan and other arrested party leaders and workers. Khan was arrested on August 5 last year after his conviction in the first Toshakhana corruption case filed by the Election Commission of Pakistan. Since then, he has been kept in jail in various cases. Though the former-cricketer-turned-politician had secured bail or his conviction was set aside, he has not been released. According to the PTI, it will hold a protest in front of the National Press Club in the capital, while the Jamaat-e-Islami plans to stage a sit-in at the famous F-Chowk facing the parliament building. Meanwhile, police in Islamabad imposed section 144, banning all kinds of gatherings, including protests in the federal capital, and sealing the Red Zone for all entries. The zone houses key government offices and embassies. Police also partially closed the Islamabad Highway at the Faizabad Interchange, which sits at the main entry point from Rawalpindi to Islamabad. Separately, the Punjab Home Department imposed section 144 in the province to ban all protests and gatherings. The PTI has claimed its party leaders are being arrested ahead of nationwide protests, saying that the Punjab Police raided PTI leader Raja Basharat’s house in Rawalpindi. It also noted that more than a dozen people, including lawmaker Javed Iqbal, have been arrested in the Rahim Yar Khan city. The party says the police in Lahore raided the house and camp of PTI leader Mehr Naeemullah and arrested five of his friends, but Naeemullah managed to escape from there. So far, the authorities have thwarted the efforts of the PTI to hold big rallies. The call for Friday’s protest comes after the party was reinvigorated by the Supreme Court judgment of July 12, which not only endorsed its status as a political party but also awarded it reserved seats. Strengthened by the verdict, PTI Secretary General Omar Ayub Khan asked his workers to prepare for elections. “New election will be held after November as the current government has failed,” he said. The Supreme Court on July 12 declared that the PTI was a political party and eligible to receive reserved seats for women and non-Muslims in the national and provincial assemblies. The ruling meant that independent members of the parliament who won elections with the support of PTI could join it. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Imran Khan’s PTI announces countrywide protest for release of all arrested leaders

Pakistan's police on Monday raided the headquarters of jailed former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party in Islamabad and arrested party's Chairman Gohar Ali Khan. Watch in for more details!

Pakistan police raid headquarters of PTI, Chairman Gohar Ali Khan arrested

Credit rating agency Fitch has raised concerns that Pakistan’s political turmoil could disrupt its path to economic recovery. Its report says that a change in government before the next parliamentary election is also 'highly likely'. Watch this video for more details.

Gravitas: Pakistan political turmoil could derail economic recovery, warns Fitch

The tussle is on between Pakistan's coalition government and Imran Khan's PTI Party. Leaders of the Pakistan Tehreek-e-Insaf have lashed out at the ruling coalition for trying to ban the party. Watch in for more details!

Pakistan | Imran Khan likely to stay in jail, no relief for Khan: Fitch report

The United States State Department said on Monday it was following reports of the Pakistan government’s plans to ban the Pakistan Tehreek-e-Insaf (PTI) party of ex-premier Imran Khan, adding that outlawing any political party was of “great concern” to Washington.

US concerned over Pakistan government's ban on Imran Khan's Party

During a press briefing, the US State department spokesperson expressed concern regarding potential restrictions on the Imran Khan's Pakistan Tehreek-e-Insaf (PTI) party by the government. Watch in for more details!

Biden administration expresses concerns over ban on Imran Khan's PTI

Pakistan's ban on political party 'great' concern to US

Pakistan government vs Imran Khan's PTI

Pakistan: PML-N vs PTI, PPP says 'Banning a party won't achieve anything'

Pakistan: PPP distances itself from ban on PTI, PPP says 'banning party won't achieve anything'

Pakistan Government on Monday announced that it will ban jailed ex-prime minister Imran Khan’s party PTI for its alleged involvement in anti-state activities and slap cases against him and two of his senior party colleagues for treason. Watch in for more details!

Pakistan govt to move Supreme Court to ban Imran Khan's party PTI

Watch top headlines of the hour: - US, Secret service Chief faces calls to resign - Pakistan government to ban Imran Khan's PTI - Indian Ocean: India-US hold joint drills - World's 'rarest' whale washes ashore New Zealand beach

Pakistan government to ban Imran Khan's PTI | India-US hold joint drills

BREAKING: Pakistan government to move case to ban Imran Khan's PTI

Pakistan's Supreme Court on Friday ruled that the Sunni Ittehad Council, allied with imprisoned former Prime Minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI), was eligible for over 20 extra seats reserved for women and minorities in the Parliament.

Pakistan: Top court grants 23 reserved seats to Imran Khan's PTI party

The Islamabad district administration has revoked the permission granted to Pakistan Tehreek-e-Insaf (PTI) for holding a rally. The administration had initially approved the rally at Peshawar Road in Tarnol. However, the permission was withdrawn due to security concerns and potential terrorist threats.

Pakistan: Government revokes permission for PTI rally invoking security concerns

The Punjab government has banned protests and public gatherings in the province. The ban comes in the wake of the Opposition - PTI - as it plans to carry out nationwide protest demanding the release of the leader Imran Khan.

Pakistan: Punjab govt bans protests, public gatherings; ban in response to nationwide PTI protests

Writing letters from behind the bars, former Pakistan Prime Minister Imran Khan said that Pakistan is driven by political anger after February's widely criticised polls.

Pakistan: Imran Khan's stinger from jail, says 'establishment has done all they could against me'

Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan has given the green light to his party for negotiations with both the establishment and political adversaries. Watch in for more talks!

Pakistan: Imran Khan gives PTI go-ahead for talks with army, PML-N

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