Organization

The highest authority of the Superintendence of Securities is its Directive Council who formulates the guidelines, norms and policies with which the Superintendence works and those by which the stock market is regulated. The Superintendent is the President of the Directive Council and the person in charge of the administration of the Superintendence as well as of superivising compliance with the legal dispositions by all participants in the market. 

All aspects related with the inspection and development of the market are in charge of the Intendency of Securities which reports to the Superintendent. The Intendency of Securities has the following departments: Norms and Diffusion, Authorization and Registration, and Supervision and Control. Additionally, the Superintendence has support units such as the Juridical Department, Information Technology Department, the Department of Administration, the Department of Internal Audit and the Department of Communications.  

The Committee of Superintendents in which participate the Superintendence of Pension Funds and the Superintendence of the Financial System. This committee has as objective to coordinate the inspection activities and the supervision of the financial system as a whole.