Roberto E. Silva Announces New ETF Investment Rules for FCIA
Photo: Coinfomania
CNV Argentina authorizes FCIA investment in ETF portions to boost market efficiency. Here's what this means for investors. The Comisión Nacional de Valores (CNV) Argentina has officially approved the investment of Fondos Comunes de Inversión Abiertos (FCIA) in portions of Exchange-Traded Funds (ETFs) under Resolution RG N° 1177. This new regulation allows FCIA to allocate up to 25% of their net assets to ETF portions, significantly expanding their investment capabilities. This move is expected to enhance market liquidity and diversify investment options for local funds, as detailed in the official announcement . The CNV’s resolution, announced by President Roberto E.
Source: Coinfomania
