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CNV amends the trading rules for Restricted Parties and expands the powers delegated to the Agents and Markets Division

The National Securities Commission introduced amendments to the Regulations (N.T. 2013 and amendments) in two areas: (i) the trading regime applicable to Restricted Parties; and (ii) the powers delegated by the Board of Directors to the Agents and Markets Division and the Registration Subdivision.

1- Amendments to the Restricted Entities Regime (Regulation No. 1154/2026)

The CNV issued General Resolution No. 1154/2026, published on July 13, 2026, in the Official Gazette, which replaces Article 2 of Section II of Chapter II of Title I and of Section II of Chapter V of Title VI of the Regulations, and adds a new Article 29 to Chapter V of Title XVIII.

 

This resolution took effect on the same day it was published, that is, July 13, 2026. The full text is available here.

 

2- Expansion of Delegated Powers (Regulation No. 1155/2026)

The CNV issued General Resolution No. 1155/2026, published on July 13, 2026, in the Official Gazette, which replaces Annex V of Chapter II of Title XVI of the Regulations, further refining the internal delegation framework established by General Resolution No. 1112.

 

This resolution will take effect on the day following its publication, that is, July 14, 2026. The full text is available aquí.


This publication was prepared based on information dated July 13, 2026, and does not constitute legal advice on specific matters. If necessary, specialized legal advice should be sought.

For more information, please contact:

Sebastián LuegmayerLuegmayerS@eof.com.ar

Christian Ariel TchaghayanTchaghayanc@eof.com.ar

Irupé MartínezMartinezI@eof.com.ar