Alternative investment market: Assessment and proposals for its deepening from the perspective of small and medium enterprises
Resolution 400 of 1995 – whose provisions are now included in decree 2555 of 2010 – regulated the Second Market through the establishment of certain requirements aimed at facilitating the access and permanence of SMEs as issuers in the Colombian securities market. Notwithstanding the above, in the l...
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| Main Authors: | , |
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| Format: | text |
| Language: | Spanish |
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Institutional Knowledge at Singapore Management University
2010
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sol_research/4610 https://ink.library.smu.edu.sg/context/sol_research/article/6568/viewcontent/revistaanalisised1.pdf |
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| Institution: | Singapore Management University |
| Language: | Spanish |
| Summary: | Resolution 400 of 1995 – whose provisions are now included in decree 2555 of 2010 – regulated the Second Market through the establishment of certain requirements aimed at facilitating the access and permanence of SMEs as issuers in the Colombian securities market. Notwithstanding the above, in the latest list of offerings authorized by the Superintendence of Finance addressed to the Second Market, it was found that there are no issuers that fall within the legal concept of SME. Considering such circumstance, the purpose of this study is to assess the current status of the Second Market, both in Colombia and internationally, and make proposals oriented to allow the access of SMEs as issuers in the Colombian Securities Market, thereby contributing to its further deepening. |
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