As part of its mandate to provide for increased investor protection and nurture a more informed and vigilant investors community, the Securities and Exchange Commission of Pakistan (SECP) has aproved the waiver of monthly subscription fee for sms alert facility provided to investor account holders by Central Depository Company (CDC).
This facility gives investors an added level of convenience by providing account information via cell phones through sms alerts. Alerts about activities such as transfer of securities, credit of corporate entitlements, pledge translations, listing/delsting of securities in the CDS etc, are provided.
