• New Regulation for Private Offerings of Securities
  • August 14, 2014 | Authors: Cristián Eyzaguirre; Francisco Ugarte; Salvador Valdés
  • Law Firm: Carey - Santiago Office
  • On June 27, 2012, the Chilean Securities and Exchange Commission (the "SVS") issued General Rule No. 336, which regulates in general terms, for the first time, in which cases a securities offering shall not be considered a "public offering" and shall therefore be excluded from the application of Law No. 18,045 on Securities Market and from the oversight of the SVS, except with regard to the verification of compliance with the requirements provided in said General Rule.