The Argentina Capital Market handles the trading of securities in Argentina. The Argentina capital market is governed and regulated by National Securities Commission, Argentina.
Functions of National Securities Commission, Argentina:
National Securities Commission, Argentina (NSC) or Comisión Nacional de Valores, Argentina has the following functions:
It makes sure to maintain transparency of Argentina’s securities markets.
It also watches over the formation of market price processing order to protect the investors.
It supervises the corporations whether they are authorized to issue public securities.
The regulation of the secondary capital market of Argentina is also the task of NSC.
It monitors all the corporations and persons that are involved in the trading of securities in the Argentina capital market.
It regulates the trading of public offerings and futures and options contracts.
The related futures exchange, brokers intermediaries and clearing houses are also under the regulations of NSC.
The foreign investment plays a prime role in the economic development of Argentina. In the days prior to World War I, the Argentina’s capital investment used to be foreign capital investment. However, Argentina was neither a typical Latin American country nor a developed country following the foreign capital investment. Britain was the country that contributed the most foreign investment in Argentina.
But the most important aspect of the foreign investment in Argentina was the investment in the capital stock market of Argentina. The prime share of the foreign investment was collected by the capital market of Argentina. A huge amount of foreign investment was collected in 1980s. However, since the domestic investment in the countrys capital market was small, Argentina could not be a developed economy.
The World Trade Organization is operational in Argentina. It supervises and liberalizes the foreign capital market trade in Argentina. Mercosur or Mercosul is the regional trade agreement that joins the four Latin American countries Brazil, Uruguay, Paraguay and Argentina. The main objective of the Mercosur is to regulate the free trade of capital market in these four countries.
Last Updated on : 5th July 2013