Stock Market

Current industry challenges in the Dominican Republic

The Dominican authorities are working hard to spread greater knowledge about the operation of the stock market, the placement of shares and other capital securities in the Dominican market and options for the different companies in the entry and operation in said stock market. As of 2020, the total liquid volume in the country’s stock market is US$64,849 million, with an average annual growth of 28%.

Our Experience

Our clients receive advice from a team with vast experience in the legal and commercial aspects of companies that maintain operations in the stock market. Our practice ranges from assistance with the evaluation of the feasibility of entering the Dominican market of these entities to the monitoring of regulatory compliance with current legislation and regulations that rule operations in the securities market.

Clients

JP’s clients include investment fund management companies, trust companies with public offering of securities, brokerage firms and intermediary companies that carry out securities placement operations in the stock market of the Dominican Republic.

Relevant Cases

  • Jiménez Peña has participated as legal representative of an investment fund management company in the constitution, approval and placement of a closed investment fund for the development of companies in the stock market of the Dominican Republic.
  • Jiménez Peña has participated as legal advisor to international financial entities in the placement of securities in international markets having as underlying asset securities issued by the Dominican State.
  • Jiménez Peña has participated as an external consultant in favor of a local brokerage firm in the review of issuance documents made in the stock market of the Dominican Republic and issuance of legal opinions.
  • Jiménez Peña has participated in advising a local stock exchange on legal documentation for debt securities issuance operations.