Regulatory Alerts2024-01-01 | JPRF-V-2024-0108Resolution JPRF-V-2024-0108: Reforming Public Sector Participation in the Securities Market Regarding Stock Exchange Commissions
The Financial Policy and Regulation Board (JPRF) issued Resolution JPRF-V-2024-0108 to amend the regulations governing the public sector's participation in the securities market. The resolution establishes a specific parameter stating that the entity responsible for public finances shall not incur stock exchange commissions for transactions involving its securities in the primary market segment. This measure aims to reduce costs for the public entity while maintaining regulatory oversight under the authority of the Superintendency of Companies, Securities and Insurance.
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