Background on Vector Casa de Bolsa
Vector Casa de Bolsa, originally known as Sociedad Bursátil Mexicana, has been operating as a stock exchange house since 1976. The company has played a significant role in Mexico’s financial market, providing brokerage services to individual and institutional investors.
CNBV’s Decision
The Mexican National Banking and Securities Commission (CNBV) has revoked Vector Casa de Bolsa’s authorization to organize and operate as a stock exchange house. The decision was made following Vector’s request for revocation, submitted in writing to the CNBV on December 1, 2025.
Reasons for Revocation
According to the CNBV’s official communication, after a thorough analysis of Vector’s request for revocation, it was determined that the company is properly constituted and meets all legal, documental, and regulatory requirements. Furthermore, from a legal, financial, and operational perspective, the revocation of authorization was deemed appropriate.
The CNBV stated that the members of Vector’s governing board unanimously agreed for the commission to revoke Vector’s authorization, in accordance with the decision made during their Extraordinary General Assembly of Shareholders.
Impact on Related Entities
This decision comes after the U.S. Department of the Treasury accused Vector Casa de Bolsa, along with CIBanco and Intercam, of allegedly enabling money laundering operations in June. Since then, CIBanco has ceased operations after selling most of its business to Multiva, Intercam transferred almost all its businesses to Kapital Bank, and now Vector has had its authorization revoked following the transfer of assets to Finamex.
Revocation of Vector Fondos Authorization
In addition to revoking Vector Casa de Bolsa’s authorization, the CNBV also announced that it had revoked Vector Fondos’ authorization. Vector Fondos is a company that operates investment funds and was seeking to transform into a variable capital corporation. This revocation was also at the company’s own request.
Key Questions and Answers
- What is the CNBV? The National Banking and Securities Commission (CNBV) is a Mexican government body responsible for regulating and supervising banking and securities activities in the country.
- Who is Vector Casa de Bolsa? Vector Casa de Bolsa is a Mexican stock exchange house that has been operating since 1976, providing brokerage services to individual and institutional investors.
- Why was Vector’s authorization revoked? The CNBV revoked Vector’s authorization following the company’s own request for revocation, after a thorough analysis determined that Vector met all legal and regulatory requirements.
- What is the impact on related entities? Following accusations of money laundering by the U.S. Department of the Treasury, CIBanco ceased operations, Intercam transferred its businesses to Kapital Bank, and now Vector has had its authorization revoked after transferring assets to Finamex.
- What happened to Vector Fondos? The CNBV also revoked Vector Fondos’ authorization, which operates investment funds and sought to transform into a variable capital corporation at its own request.
