Regulatory Alerts2023-03-13
Added · Updated
Securities Market - Modification in the form of information presentation (Articles 11, 108.1 and 113 of the Securities Market Norms Compilation)
The Superintendency of Financial Services modifies Articles 11, 108.1, and 113 of the Securities Market Norms Compilation to standardize post-registration information submission. Issuers and fiduciaries must submit a definitive prospectus, notarized documents, and issuance notes within specific deadlines, such as 60 days to execute the issuance and 5 business days prior to subscription. Failure to execute the issuance within the established timeframe results in the automatic nullification of the registration resolution. These changes apply to public offer securities and financial trusts.
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