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
Academia Mexicana de Genealogía y Heráldica Academia Mexicana de Genealogía y Heráldica The Academia Mexicana de Genealogía y Heráldica ("Mexican Academy of Genealogy and Heraldry") is a cultural institution based in Mexico City, Mexico. It has a unique position in being an independent, privately funded institution led by eminent historians, enthusiasts in the Genealogical and Heraldic Sciences whose purpose is to promote the creation, enjoyment and appreciation of the after mentioned sciences through research, essays, colloquiums, courses, exhibitions, education and debate. The "Academia Mexicana de Genealogía y Heráldica" has its origin in the "Academia Hispanoamericana de Genealogía y Herádica", established in Mexico City in 1921 by