P.R. Laws tit. 10, § 692i
The information contained in the documents filed with the Commissioner shall be made available to the public, unless the Commissioner, by regulations or order, determines that public disclosure is neither necessary nor appropriate. It shall be unlawful for any member, officer, or employee of the Commissioner to use for personal benefit, or to disclose to any person other than an official or employee of the United States, a state, or the Commonwealth of Puerto Rico for official use, any such information that has not been publicly disclosed. Likewise, orders, circular letters, and all other administrative determinations of the Commissioner shall be disclosed to the public within thirty (30)[sic] after the issuance thereof and shall be posted on the web page of the Commissioner. Provided, however, That in the event that any order or other kind of administrative determinations is requested, including opinions or no-action letters in connection with an investment company that has not publicly traded its securities, the Commissioner, at the petitioner’s request, may not disclose his/her determination for a term that shall not exceed six (6) months following the issue of the determination or thirty (30) days after the date of issue of such securities, whichever comes first. If the requirements of this section with regard to publication are violated, the administrative determinations issued by the Commissioner shall not be fully effective until the provisions of this section are complied with.
Furthermore, the Commissioner shall post on his/her web page a weekly report of the transactions made in the securities issued by registered investment companies subject to this chapter and the net asset value corresponding to common stocks, updated every week. Registered investment companies and dealers of securities shall report such transactions and information to the Commissioner on a weekly basis, in a manner that preserves the privacy of stockholders. The Commissioner shall not be held accountable for any error or inaccuracy in any information offered by the registered investment company. The Commissioner shall publish every quarter a disclosure of the market value of the twelve-month (12) debt to equity ratio of each registered investment company. It shall also include the financial statements and other reports required under subsection (h) of § 691y of this title of the registered investment companies corresponding to the immediately preceding five (5) fiscal years.
History —July 30, 2013, No. 93, § 39; Nov. 27, 2013, No. 137, § 14.