AMIB Asks CNBV to Regulate Secondary to Start Hedge Funds in Mexico

The Mexican Association of Bursattile Institutions (AMIB) called on the National Banking and Securities Commission (CNBV) to issue the secondary regulation applicable to hedge funds, a figure contemplated in the reform of the Investment Funds Act. It is necessary that the issuance of the secondary regulation, pending since last year, be carried out in accordance with international practices, said Alvaro García Pimentel, president of AMIB. Thus, …