Regulatory Alerts2019-08-11
Resolution R-CNMV-2019-17-MV: Regulation to Establish and Operate Centralized Trading Mechanisms
The National Securities Market Council of the Dominican Republic approved the definitive regulation establishing the legal framework for centralized trading mechanisms and their administering societies under Law No. 249-17. This regulation defines key operational terms, outlines authorization and supervision requirements for administering societies, and sets forth detailed procedures for application, documentation, and technical evaluation. The framework aims to unify and expand provisions regarding the authorization, organization, functioning, and transparency of these trading mechanisms in alignment with international standards.
Share