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
Sabal mexicana Sabal mexicana Sabal mexicana is a species of palm tree that is native to North America. Common names include Rio Grande palmetto, Mexican palmetto, Texas palmetto, Texas sabal palm, palmmetto cabbage and palma de mícharos. The specific epithet, ""mexicana"", is Latin for "of Mexico." Mexican palmetto reaches a height of , with a spread of . The trunk reaches in length and in diameter. The fan-shaped fronds are wide and attach to spineless petioles. Spikes in length yield small bisexual flowers. The drupes are black when ripe and in diameter. The current range of "S. mexicana" extends from South Texas