On the other hand, the CNV of Costa Rica is somewhat more directly integrated than its counterparts in many other countries in the decision making process of the Executive, as it must obligatoroly be consulted by both the Central Government and by descentralized government agencies on all matters of general nature and scope which would be related to, or would otherwise affect the securities market. Brokerage firms are corporations registered in the National Securities Registry, regulated by the National Securities Commission and by the National Stock Exchange. These firms provide the services that both the investor and the securities issuing companies require. On their part, mutual funds administration societies are institutions oriented toward the administration of collective funds, investing these funds for the account and benefit of the savers in a broad and selected group of securities, without attempting to intervenein the administrative operation of those companies in which the funds are invested. Each document is meticulously reviewed to ensure the accuracy of information contain therein.
Ongoing negotiations are underway to set up custody services with other exchanges in the region.
With the introduction of this service, the BNV has directed its efforts to establishing a Central American stock market in Costa Rica which will allow the trading of stocks from other Central American countries. Information by Aldesa Valores 1997. Click here for complete information about our Information Partners .