A meeting held on Monday directed the concern authority to halt the process.
The committee directed to stop the procedure until next decision. The committee is conducting detail study regarding the issue.
The committee states that a direction has been given to Finance Ministry, Securities Board of Nepal and Nepal Stock Exchange to stop the procedure in a bid to conduct detail study regarding the minimum standard being fulfilled by the license seekers.
Moreover, the committee is conducting a meeting with SEBON and Finance Ministry regarding the matter.
SEBON has already granted approval to eighteen broker companies that have informed of developing the required infrastructure.
