The Government ordered to toughen the conditions of access to financial dollars to avoid a new currency run like the one last week.
The National Securities Commission ordered two measures that modify the conditions for withdrawing dollars from the country through Cash with Liquidation (CCL) operations on the Stock Exchange.
On the one hand, Stockbrokers (Settlement and Clearing Agents (ALyCs) and Negotiation Agents) will not be able to proceed or settle sales operations of negotiable securities with settlement in foreign currency to clients who have taking positions in sureties and/or repos. , regardless of the settlement currency.
Likewise, it established that ALyCs will have a limit for these operations referred to the amount of negotiable securities sold with respect to the number of negotiable securities purchased (with settlement in foreign currency and in local or foreign jurisdiction), carried out in the segment of concurrency of offers, with priority price time.
The measure will be published this Tuesday in the Official Gazette through Resolution 959/2023.
News in development…
