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The National Securities Commission (CNV) today authorized new Common Investment Funds (FCI), linked to regional economies and productive development, which constitutes the strengthening of an agenda aimed at promoting the mobilization of resources from the capital market to diverse sectors of the economy throughout the country.
They refer to FCI of productive projects of regional economies and infrastructure with investment in negotiable securities and financing for Small and Medium Enterprises and SMEs of the CNV regime,
At the end of the Board meeting, the president of the organization, Adrián Cosentino, anticipated that the CNV is working on a dozen new authorizations, most of them related to SMEs and infrastructure, for the next few weeks.
At the same time, he estimated that in the same direction, the CNV is in the final process of preparing the new infrastructure regime, a norm that the organization had in public consultation, and recalled that in that instance there is the one referring to regional economies and chains of value, for consideration until November 10.
Both regulations have a proactive and strategic promotion agenda from the CNV with institutional actors, market leaders and exchanges throughout the country and other public and private organizations.
“The strategic agenda promoted by the organization proposes to promote collective investment instruments for the development of the capital market that allows channeling savings towards the financing of productive activity and the real economy with federal scope,” ratified the president of CNV.
The decision is also explained in the numbers released by the latest financing reports in the capital market. The September report indicated that in the first nine months of the year financing to the private sector through the capital market exceeded 480 billion pesos, which represents more than double what was achieved in the same period of the previous year, a very auspicious performance even in a critical context dominated by the pandemic.