Regulatory Alerts2023-09-26 | NCM-05Added · Updated
Technical Standards for the Publication of Commissions by Entities in the Securities Market
The Central Reserve Bank of El Salvador issued Technical Standard NCM-09/2023 to regulate the disclosure of fees by securities market intermediaries. The standard mandates that stock exchanges, custodial societies, and broker-dealers publish their commissions in national newspapers or provide detailed monthly reports to investors. This requirement ensures transparency and allows investors to access uniform information to make informed decisions regarding their financial intermediaries.
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