President Danilo Medina issued the decree number 119-16 approving amendments to the ruling for the implementation of the Law on Securities Market No. 19-00.
The decree expands the range of instruments and publicly offered securities that can be traded in the Dominican Stock Market. The objective is to promote and channel increased savings in the medium and long term. The amendments are chiefly aimed at adapting the regulatory framework to the offerings under the trust (Ley de Fideicomiso) modality.[March 2016]