Regulatory Alerts2017-12-27
Securities Market Law No. 249-17 of the Dominican Republic
The National Congress of the Dominican Republic enacted Law No. 249-17 to comprehensively regulate, supervise, and promote an orderly, efficient, and transparent securities market aligned with international IOSCO and OECD standards. The legislation establishes the Securities Market Superintendence as an autonomous regulatory body with broad normative powers to protect investors, ensure market integrity, and mitigate systemic risk. It defines key market participants, instruments, and concepts while granting the regulator authority to impose sanctions and manage fees for market supervision and registration.
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