SECP cracks down on Ponzi, Pyramid investment schemes
The Securities and Exchange Commission of Pakistan (SECP) has issued new regulations to prevent Ponzi and pyramid schemes, clearly defining such schemes and prohibiting activities involving the recruitment of new members in exchange for financial rew
November 03, 2026 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has issued the Companies (Prohibition of Unlawful Activities) Regulations, 2026, to prevent Ponzi, pyramid and other unlawful investment schemes, clearly defining prohibited activities and imposing restrictions on companies involved in such practices. The regulations apply to all companies, including foreign companies, and cove...