Bolsa de Valores de Nicaragua and issuers of securities. The specific regulatory frame of exchange activity is conformed by Presidential Decree 33-93 or "Reglamento General sobre Bolsas de Valores" (General Stock Market Regulations). The president of the exchange as of 2006 is Dr. Raúl A. Lacayo Solórzano. Bolsa de Valores de Nicaragua Bolsa de Valores de Nicaragua (Stock Exchange of Nicaragua, or BVDN) was created in 1994 and is the only stock exchange operating in Nicaragua. The exchange is the result of private sector initiatives encouraging the country's market liberalization programmes, which began in 1990. Trading operations officially began on January 31, 1994, and as
Rancho Bolsa de San Felipe from Francisco Pacheco. In 1862, James Dunne married Catherine O'Toole Murphy widow of Bernard Martin of Rancho San Francisco de las Llagas. Rancho Bolsa de San Felipe Rancho Bolsa de San Felipe was a Mexican land grant in present-day San Benito County, California given in 1840 by Governor Juan B. Alvarado to Francisco Perez Pacheco. Bolsa means "pockets" and refers to pockets of land in the Tequisquina Slough. The grant was bounded on the north by Rancho Ausaymas y San Felipe and the south by Rancho San Justo, and encompassed Dunneville. The two square league grant was made to Francisco