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
Mexicana de Aviación first time in this Chapter 11 period that Med Atlantic bought the airline for $300 million. Technically, Mexicana still operates to this day. According to Begoña López, an official at Mexicana, all international flights not operated by flag-carrier AeroMexico, are still "flown" using Mexicana's AOC, but "operated" using another airline (e.g., Interjet, Volaris, etc.). This is expected to stop once the U.S. and Mexico sign their open skies agreement. Formations: 1920s William Lantie Mallory and George Rihl headed Compañía Mexicana de Aviación ("Mexican Aviation Company" or "Mexican Airline Company"), a competitor to CMTA; they acquired the latter's assets in 1924