Regulatory Alerts2011-07-22
Added · Updated
Conasev Resolution No. 060-2011
CONASEV modifies Article 14 of the Primary Public Offering and Sale of Securities Regulations to establish an advance filing procedure for securities offerings. This procedure allows issuers with at least one registered security for twelve months to obtain automatic approval or a seven-day positive administrative silence for corporate bonds, reducing structuring and registration costs. The advance filing is valid for two years, renewable once, and applies to typical credit rights with maturities of one year or less.
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