On 28 April 2023, a bill was submitted to the Senate proposing to amend several provisions of the Securities Market Law and the Investment Funds Law, in order to incentivize and promote transactions in the Mexican Securities Markets and make them more attractive to new issuers and investors. For such purposes, the foregoing reform considers: (i) introducing a new filing modality called "simplified registration of securities", to reduce registration times and costs, (ii) simplifying the regime applicable to Sociedades Anónimas Bursátiles (SAB) and to Sociedades Anónimas Promotoras de Inversión Bursátil (SAPIB), and (iii) creating a new regulated Investment Fund called "Hedge Fund", among others.
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