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A regulator should watch interests for the man in street: Khalid Mirza

ISLAMABAD, January 23: Mr. Khalid Mirza, the former Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Competition Commission of Pakistan (CCP) said that all the actions and policies of a regulator should protect the interests of the man in street.

He was addressing senior officials of the SECP here on Friday. Referring to the present set up of the SECP, he said that once again you have the leadership and competence to develop the SECP into one of the best regulators of the developing world. He advised officials to perform their duties with high integrity so that no one can raise finger on your actions.

He said that only the best professionals of a society deserve to become regulators and only regulators with a deep sense of morality and integrity can adopt the policy of naming and shaming and bold enough not to be captured by the market forces.

He appreciated the Chairman SECP Mr Zafar Hijazi for initiating structural reforms and taking courageous measures to revive the SECP’s reputation.

Chairman HIjazi thanked Khalid Mirza for visiting the SECP and sharing his thoughts in the light of his varied experience.

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