Securities and Exchange Commission

Enforcement Department

6^th December 2003

Following enforcement action was taken by the Commission during November, 2003:

Sl. No.	Date	Nature of default/Appeal	Commission’s decision
01.	20/11/03	Non-payment of yearly fee by Merchant Bank Prime Securities and Financial Services Limited.	License Cancelled.

Sl. No.

Date

Nature of default/Appeal

Commission’s decision

01.

20/11/03

Non-payment of yearly fee by Merchant Bank Prime Securities and Financial Services Limited.