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The Superintendence of Securities and Insurance (SVS) was an autonomous Chilean institution, with legal personality and its own assets, which was in charge of supervising the persons who issued or intermediated publicly offered securities, stock exchanges and stock market operations. the associations of securities agents and the operations on securities that they carry out, the mutual funds and the companies that manage them, the corporations and those limited by shares that the law subject to their surveillance, the companies dedicated to the trade of insuring and reinsure, whatever its nature and their businesses, and any other entity or natural or legal person entrusted to it by law.2 It was replaced by the Commission for the Financial Market.