Press Releases

PUBLIC NOTICE 001/03/2013

MAST STOCKBROKERS (PRIVATE) LIMITED LIFTING OF SUSPENSION AND RESUMPTION OF TRADING

 

Please be advised that the Commission has lifted Mast Stockbrokers’ suspension from trading and consequently the firm has been licensed for the period up to 31 December 2013.

The firm was suspended from carrying out all licensable activities, in terms of Section 49(2) of the Securities Act [Chapter 24:25] on 12 November 2012 after it failed to comply with the directive issued by the Commission on 29 August 2012.

The Commission has completed a review of progress made by the firm with respect to the above matter and is satisfied with the level of compliance, as well as the progress made by the firm to address inherent system weaknesses.

 

T.Chinamo
CHIEF EXECUTIVE OFFICER
28th March 2013


Download this Press Release

MAST STOCKBROKERS (PRIVATE) LIMITED LIFTING OF SUSPENSION AND RESUMPTION OF TRADING

Please be advised that the Commission has lifted Mast Stockbrokers’ suspension from trading and consequently the firm has been licensed for the period up to 31 December 2013.

The firm was suspended from carrying out all licensable activities, in terms of Section 49(2) of the Securities Act [Chapter 24:25] on 12 November 2012 after it failed to comply with the directive issued by the Commission on 29 August 2012.

The Commission has completed a review of progress made by the firm with respect to the above matter and is satisfied with the level of compliance, as well as the progress made by the firm to address inherent system weaknesses.

Yours faithfully

For and on behalf of Securities Commission of Zimbabwe

T. Chinamo

Chief Executive Officer