By: Andrea Mendoza Molina<\/p>\n\n\n\n
Brokerage Houses are \"corporations dedicated to securities intermediation, which involves bringing together bidders and offerors of securities, as well as offering and trading securities on their own or on behalf of third parties in the primary or secondary market\"1 . In other words, are authorized companies that operate in the securities market whose main purpose is to assist investors in the purchase and sale of securities.<\/p>\n\n\n\n
The main activities of brokerage houses are to provide advice to companies to obtain financing through the issuance of securities, and to participate in public offerings as a placement agent or as representatives of security holders.<\/p>\n\n\n\n
Another of the activities of brokerage houses is to carry out securities purchase and sale transactions, repurchase agreements and securities lending, on their own or on behalf of their clients.<\/p>\n\n\n\n
Furthermore, they may offer investment services, i.e., advisory and non-advisory services to assist clients in making investment decisions.<\/p>\n\n\n\n
Brokerage houses may also act as trustees, administrators and executors of securities pledges, as well as distributors of investment company shares.<\/p>\n\n\n\n
Persons wishing to participate as shareholders of a brokerage house must obtain authorization from the National Banking and Securities Commission (Comisi\u00f3n Nacional Bancaria y de Valores or \u201cCNBV\u201d) by filing an application before the Commission. The application must be made by means of a written request for authorization for the organization and operation of a brokerage house, which must be in free form and must contain the following information:<\/p>\n\n\n\n
a) Draft bylaws of a corporation.<\/p>\n\n\n\n
b) List and information of the partners, indicating the amount of capital stock to be subscribed and the origin of the resources, as well as the possible board members, general director and main executives of the company.<\/p>\n\n\n\n
c) General plan of operation of the company that includes, at least, the following:<\/p>\n\n\n\n
d) Code of conduct.<\/p>\n\n\n\n
e) Proof of bank deposit for an amount equal to 10% of the minimum capital required for the company\u2019s operation.<\/p>\n\n\n\n
f) Original or certified copy of the notarial deed stating the powers of the legal representatives or attorneys who sign the authorization request, if applicable.<\/p>\n\n\n\n
g) Permit from the Ministry of Economy (Secretar\u00eda de Econom\u00eda) to use the proposed name or, if applicable, a copy of the application submitted before the Ministry.<\/p>\n\n\n\n
Once authorization is obtained, brokerage houses operating on behalf of the investing public must comply with various obligations established by law.<\/p>\n\n\n\n
1<\/sup>https:\/\/www.cnbv.gob.mx\/SECTORES-SUPERVISADOS\/BURS%C3%81TIL\/Descripci%C3%B3n\/Paginas\/Casas-de-Bolsa.aspx<\/a><\/p>\n\n\n\n Source:<\/p>\n\n\n\n https:\/\/www.bancomext.com\/glosario\/casa-de-bolsa#:~:text=Entidad%20financiera%20privada%20autorizada%20para,%2C%20valores%2C%20acciones%2C%20etc<\/a>.https:\/\/www.cnbv.gob.mx\/SECTORES-SUPERVISADOS\/BURS%C3%81TIL\/Descripci%C3%B3n\/Paginas\/Casas-de-Bolsa.aspx<\/a><\/p>","protected":false},"excerpt":{"rendered":" Por: Andrea Mendoza Molina Las Casas de Bolsa son \u201csociedades an\u00f3nimas dedicadas a la intermediaci\u00f3n con valores, lo que comprende el poner en contacto a oferentes y demandantes de valores, as\u00ed como ofrecer y negociar valores por cuenta propia o de terceros en el mercado primario o secundario\u201d1. Es decir, son sociedad que est\u00e1n autorizadas […]<\/p>","protected":false},"author":14,"featured_media":11653,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[99],"tags":[],"class_list":["post-11651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articulos","has-thumb"],"jetpack_featured_media_url":"https:\/\/www.mgps.com.mx\/wp-content\/uploads\/2023\/06\/Articulo-AMM-Casas-de-Bolsa.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/11651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/comments?post=11651"}],"version-history":[{"count":3,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/11651\/revisions"}],"predecessor-version":[{"id":11655,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/11651\/revisions\/11655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/media\/11653"}],"wp:attachment":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/media?parent=11651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/categories?post=11651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/tags?post=11651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}