Regulatory Alerts2017-06-23 | DOF 5487956Added
Resolution modifying the General Provisions applicable to Brokerage Houses
The CNBV modifies the General Provisions applicable to brokerage houses to regulate operations across multiple stock exchanges, mandate best execution duties, and strengthen internal control, risk management, and business continuity planning. The resolution updates definitions, establishes new governance structures including audit and remuneration committees, and introduces requirements for information security, sensitive data reporting, and the transfer of client accounts. It also clarifies rules for market making, short sales, block orders, and capital adequacy to ensure market transparency and investor protection.
More like this from SHCP
SHCP published 14 documents in the last 30 days. We email you each new one the day it's published.