System Protect Home Warranty

Bolsa de Valores

STOCK EXCHANGE.
is where are performed simultaneously, multiple transactions indirectly beams meet intermediaries "brokers"

BROKERS:
are agents or brokers, brokerage firms and securities houses stock, according to the denomination who are in the laws of each country, who do their work in exchange for a commission.

LEGAL:
is governed by capital markets law in our country and also by the commercial code.

Under the first law, is required to take the form of stock corporation (CA) as an institution open to the public.

FUNCTIONS OF THE STOCK MARKET: ECONOMIC
:
Provides financial information on companies, sets the value of the shares and the price of money allocated through the price of the securities and fixed income. -Drive
private savings to companies that issue securities to raise funds.
, provides liquidity to investors in securities.

SOCIAL:
is one of the most important instruments in the process of diffusion of stock ownership called "democratization of capital."
democratization is achieved through the strengthening of economic freedom, privatization of business incentives and confidence for the public to put part of their savings in business.

LEGAL:
A stock exchanges traditionally they have been assigned the functions of determining the contributions, establish a system of recruitment market and regulate the activity of brokers.


CAPITAL MARKET LAW:
is that regulating the public offering of securities, whatever they may be, established for this purpose the principles of organization and operation, the rules governing the activities of those individuals and entities involved in them and its control system.

MEMBERS: Section 89
capital market law.
"Just be a member of a stock exchange those people who meet the following requirements:
who are authorized to carry on the business of public securities brokers by the National Securities Commission. That
give collateral or personal satisfaction board of the stock market, up to the amount specified by the Rules of Procedure, not less than fifty thousand tax units (50,000).

OBLIGATIONS OF MEMBERS : Comply
inside the bag, axial and observe the traditions and customs in force in the stock market respectively.
allow inspection of its books by the officials of the National Securities Commission.
Submit semiannually to the National Securities Commission and the boards of stock exchanges, the statement and change their financial situation.