Mexico's Stock Market Reform Gains Approval from Bank Regulator

Reported about 1 month ago

The Mexican bank regulator CNBV has approved the details of a stock market reform aimed at revitalizing trading and increasing access to financing for small and medium-sized businesses. The reform is designed to ease regulations for public offerings, expedite the listing processes, and cut associated costs. Deputy Finance Minister Gabriel Yorio announced that this overhaul could enable businesses to access up to 70 billion pesos annually while addressing the decline in market activity due to recent delistings.

Source: YAHOO

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