Comisión Nacional Bancaria y de Valores an autonomous body whose main function is to approve the offering of securities within the Mexican legal framework and approval / veto of registration to the stock exchanges and the securities to the public offering of traded registered securities. This would lead to the establishment of the Securities Market Law in 1975. Thanks to the Ley de Mercado de Valores (Law of the Stock Market), greater order within the stock market was achieved through the application of auditing and generating new regulations. The LMV gave the market more efficient and simplicity, especially in control of supply, demand and operations; it
Bolsa de Valores de Montevideo as special partners. In 1996 the trading activity was favored with the appearance of the Savings Fund Administrators (AFAP ) and the Securities Market Act and Notes. The following year, the BVM developed its System Clearing, Settlement and Custody . In 2008 it began operating with the electronic Spanish Stock Market Integrated System (SIBE ) . In Uruguay in the late nineteenth century and early twentieth century, many enterprises began life taking capital from the market's risk. At the time nearly 50 national companies came to list its shares on the stock . Bolsa de Valores de Montevideo Bolsa de