arate (cotta MevieaMa de VAk.rreS). theiVfOre such sec:daubs, es issuance, pitying dicEnbeteer and fitting are not subject to the super,ision of the CNIEN or the proyisiorre of Mesucan law The eecuritisp shall not rr.. St.0,11.w.t to public offering. hstirg or brokerage in Meesotilitst: reitotett0 In t