ISLAMABAD – A major investor case involving Blink Capital Management has been referred to FIA, with allegations surrounding Rs446.664 million amid complaints of unauthorized fund collection, promised fixed returns, and guaranteed repayment of principal. Securities and Exchange Commission of Pakistan (SECP) referred case of Blink Capital Management (Private) Limited to the Federal Investigation Agency (FIA) for further investigation, citing regulatory action against the company, which operated as a licensed futures broker and market maker of the Pakistan Mercantile Exchange Limited (PMEX). The allegations have placed a major spotlight on the conduct of entities operating under regulated licences and the safeguards available to investors in Pakistan’s capital markets. Blink Capital Management (BCM) is Lahore-based financial services company that operated as licensed futures broker and market maker with the Pakistan Mercantile Exchange (PMEX). Established around a decade back, the company offered brokerage, trading, investment consultancy, wealth and risk management, research and market-education services.