Regulatory Alerts2022-04-26
R-CNMV-2022-04-MV — Regulation of the Administrative Sanctioning Procedure
The National Securities Market Council of the Dominican Republic approved the Regulation of the Administrative Sanctioning Procedure to govern the enforcement powers of the Securities Market Superintendence. This regulation establishes the legal framework, principles, and phased procedures for investigating and sanctioning violations of Law No. 249-17 and Law No. 155-17. It defines the separation of investigative and sanctioning functions, outlines administrative appeals, and incorporates feedback from public consultations to ensure transparency and due process.
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