BMV and BIVA publish rules for Simplified Issuances

Nader, Hayaux, and Goebel - The Mexican Stock Exchange (BMV) and the Institutional Stock Exchange (BIVA) amended their respective internal regulations to incorporate the provisions applicable to the simplified issuance regime, in accordance with the Securities Market Law and the Single Circular issued by the CNBV.

The regulations now address, among other aspects:

• Procedures to be followed for the listing and registration of securities under this scheme, with or without a public offering.
• Rights and obligations of simplified issuers.
• Rules on takeover bids, information updates, and deregistration.
• Requirements regarding issuers’ credit history and reputation.