Regulatory Alerts2017-06-27
Decree No. 664-12 Approving the Implementation Regulation of the Securities Market Law No. 189-11
President Danilo Medina issued Decree No. 664-12 to approve the Implementation Regulation of the Securities Market Law No. 189-11, replacing the previous Regulation No. 729-04. The regulation aligns Dominican securities market rules with international standards from IOSCO and OECD, establishing comprehensive frameworks for investor protection, corporate governance, and market transparency. It defines key financial concepts and regulates the activities of various market participants, including issuers, intermediaries, and securitization entities, to ensure a fair and efficient financial system.
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