SECP warns against fraudulent trading platfor
The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal trading platform being promoted through various social media channels, falsely claiming substantial returns on trading in the Pakistan Stock Exchange and international stock markets. Operating under the name “Aviva Investment Group/ H1-Aviva Securities Exchange Academy/Aviva Investment Limited”, the platform is falsely claiming an association with Aviva Investors, a UK-based asset management company. However, Aviva Investors have issued a scam alert on its website, the SECP says. Aviva Investors warned that operators of the illegal platform are misusing the company’s name to conduct unauthorised trading activities on the Pakistan Stock Exchange.