Caracas. Judge 13 ° of Control, Robinson Vasquez, went to court to eleven executive stock exchange market without intervention by the BCV, retroactively applying Article 9 of the Law against Illegal Exchange. The advocates complain with a copy of the ruling. The Law against Illegal Exchange December 2005, amended in February 2008, they say, penalize those who breach the Constitution, law and agreements signed by the Republic on foreign exchange administration regime, trading currencies, but was an exception: " With the exception of transactions in securities values. The sale of the defendants was in U.S. securities, approved and registered by the BCV. The judge said it was the offense for use as a means of deception operations allowed but illegal purposes, although it was the reform the law of 12/05/2010, after the arrests, which eliminated the exception of the securities.
Latest News, 19/05/2011, 24, Ricardo Marquez
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