Review of the Administrative Jurisprudence of the Superintendency of Securities and Insurance in relation to the Public and Private Offering of Securities in Chile

Authors

  • Mario Valderrama Venegas

Abstract

This article presents an overview of administrative interpretations of the Chilean Superintendence of Securities and Insurance related to the meaning of «public/ private offering» of securities, according to Law No. 18,045, Securities Market Law. In addition, it makes some brief comments to the safe harbor regime in Chile. The purpose of this paper is to clarify some basic concepts for the application and interpretation of the Chilean Securities Market Law.

Keywords:

Public offering, private offering, securities.