According to Section 4 of the Organic Law of the Superintendence of Securities.

Attributions

	To inspect and control the entities subject to supervision as established in Section 3 of the Law, for which purpose it can request and examine all related documentation that it deems necessary. It may also perform audit procedures and any other sort of accounting checks, audits of systems and verifications of other nature and request from persons, organizations or entities, the reports or the information that it considers necessary, taking afterwards the pertinent actions within the exercise of its legal powers. Except for special authorizations by the Superintendence, all books, files and documents of the entities or investigated people should be permanently available for their exam in the headquarters of the business.
	To determine the manner in which the controlled entities will keep their accounting records, and the criteria to consolidate the operations and financial statements, and to approve the respective accounting standards of each inspected entity.
	To impose the corresponding sanctions in accordance with the procedures approved by law.
	To authorize, suspend or cancel the public offer of securities and the operation of individuals, companies or participating entities in the securities market in accordance with the Law of securities and the Organic Law of the Superintendence.
	To establish technical criteria to determine actions and operations considered contrary to the uses of the securities industry and to healthy practices of the market.
	To order the suspension of security offers when there are disturbed conditions in the market or operations are not made according to healthy uses or practices.
	To order the suspension of operations of individuals or entities who, without the corresponding authorization, perform intermediation operations in the securities market or make public offer of securities not registered in the Public Securities Database except what is determined in other laws.
	To order the immediate suspension of publicity or of the advertising information of entities that make public offers of securities, as well as of individuals in charge of their intermediation, when they show characteristics different from those of the issue of securities inscribed by the Superintendence, or when it is proven, according to this law that the publicity or advertising information is deceiving or that it contains data that is not truthful; leaving the option open for imposing the corresponding sanctions.
	In situations of serious financial crisis, to order the temporary suspension of operations of the inspected entities.
	To care that there keep being market conditions of free competition, avoiding the existence of controlling practices.
	To prevent eventual situations that can affect the solvency and integrity of entities regulated by the law, issuing the corresponding resolutions as required by each case.
	To organize and maintain updated the Public Securities Database and the other records under its control, in compliance with the pertinent laws.
	To participate in national and international organizations or in activities with foreign entities close to the Superintendence in matters of its concern and to reach agreements with these organizations, in compliance with the applicable legal norms, and the approval, when it is the case, by the corresponding authorities.
	To authorize the formation, operation and registration of Brokerage Houses and dealers, companies specialized in the deposit and custody of securities and of other inspected entities as determined by the law, considering the economic conditions of the financial market; as well us to authorize the formation and operation of  free warehouses, the modification or extension of their  authorization, the modification of their internal procedures, the merge with other firms and the closing of their operations.
	To authorize the registration in the Public Securities Database of people and entities that take part in any way in the stock market, according to the respective laws.
	To act as advisory organ to the Government of the Republic and of other entities in matters of its competence.
	To request the intervention of competent authorities when necessary.
	To receive and attend queries and requests, as well as to investigate accusations and complains formulated by investors and other parties with legitimate interests, in matters of its competence.
	Other functions and attributions coming from other laws.

To perform the previous functions the Superintendence is authorized, by means that it considers convenient, to search through transactions, goods, books, files, bills and open correspondence of the institutions subject to inspection. The supervised institutions should in turn facilitate to the Superintendence direct access to the information on securities trading operations being carried out (Section 38, Organic Law of the Superintendence of Securities). 

Also, within its framework of competence, the Superintendence will enable institutionally as well as normatively the development of the securities market, always looking after the public investor's interests. After this purpose it will exercise the following functions (Section. 5, Organic Law of the Superintendence of Securities):  

Functions  

	To establish mechanisms and systems for updating, making public and training in fields related to the securities market.
	To adopt measures oriented to facilitate the development of the securities market for the long term.
	To create and maintain the System of National Securities Statistics.
	To make publications about the securities market.
	The establish the way in which the entities included in Section 3 of the Law will give the information to the public, with the purpose of looking after the transparency of the securities market, therefore enabling that the prices reflect the situation of the market.
	To promote the self-regulation of the inspected entities within the current legal order.
	To promote the integration of the securities markets.
	To maintain constant relationship with state and private organizations that impact the development of the securities market, with the purpose of coordinating the different policies of this market.
	To promote among other authorities the development of the securities market.