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
Comisión Nacional Bancaria y de Valores that financial institutions implement preventive control mechanisms and audit verifies compliance with legal and administrative requirements, streamlines the information requirements of the Mexican banking system, and investigates breaches of regulations. Dieck Assad, F. A. (2006). "Instituciones financieras". México: McGraw Hill, 4a. ed. Comisión Nacional Bancaria y de Valores In Mexico, the Comisión Nacional Bancaria y de Valores (CNBV) () is an independent agency of the Secretariat of Finance and Public Credit (Mexico) (SHCP) body with technical autonomy and executive powers over the Mexican financial system. Its main role is to supervise and regulate the entities that make up the Mexican