2012News

Medina decrees Stock Market rules

President Danilo Medina issued a decree yesterday, Sunday 9 December to enact the Regulations for the Stock Market of the Dominican Republic. The decree, Number 664-12, states that the Dominican Republic is a member of the International Organization of Stock Markets and as a result needed to adapt to international standards. The regulations are the result of hard work by the Superintendence of Stocks together with international advisors and specialists from the agency. The regulations are aimed at providing guarantees to investors and defining primary and secondary markets and the organization of stock offers.