US EditionCnbv Revokes Vector’s License to Operate, the u.s.-Sanctioned Brokerage for Alleged Narco-Washing
8 Articles
8 Articles
Vector, the stock exchange house sanctioned for alleged narco-washed by the United States, closes its doors after 49 years. The Treasury Secretariat has reported this Tuesday that the authorization to operate this financial institution was revoked in the hands of businessman Alfonso Romo, who was head of the office of President during the government of Andrés Manuel López Obrador (2018-2024). The request for revocation, which covers the stock ex…
The history of Vector officially came to an end. The National Banking and Securities Commission (CNBV) revoked the authorization to Vecto r, S.A. de C.V. to organize and operate as a stock exchange, as well as Vector Fondos, S.A. de C.V., which prevents it from continuing as an investment fund operator company. The decision was formalized and published in the Official Journal of the Federation (DOF), marking the final closure of one of the most …
The Secretary of Finance and Public Credit (SHCP) reported that the authorization of Vector Casa de Bolsa has been revoked to operate under this figure in the national financial system, in accordance with the provisions of article 154 of the Securities Market Law (LMV) and at the express request of the same institution. On December 1, Vector Casa de Bolsa requested the revocation of its authorization to organize and operate as a stock exchange h…
Vector requested the revocation of its licenses as a stock exchange and fund operator The decision takes place after indications from the United States Treasury in June Accounts and customer assets were previously transferred to Finamex Revocation of permits at the request of the firm The National Banking and Securities Commission (CNBV) revoked Vector's licenses to operate as a stock exchange and as an investment fund operator, after the instit…
The National Banking and Securities Commission (CNBV), the regulator of the sector in Mexico, revoked a couple of authorizations to Vector, one of the financial institutions that were pointed out of concern by U.S. authorities for alleged money laundering.See more: U.S. Information on CIBank, Exchange and Vector was insufficient to proceed criminally: SheinbaumRevocations made by Treasury at Vector's request are linked to the authorization to op…
The board of government of the National Banking and Securities Commission ( CNBV ) revoked the license of Vector Casa de Bolsa to operate in Mexico. This decision occurred after Alfonso Romo's company requested this voluntary revocation on December 1. "From the legal, financial and operational point of view, it is appropriate to resolve favorably the revocation of the authorization in question, in the terms of the approach presented", determined…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
