Mexican inquiry into bond-market collusion is widening

Mexican authorities are widening a probe into the country’s $400 billion bond market.

The securities regulator known as the CNBV has started its own investigation into whether banks, brokers and pension funds colluded to suppress prices for government securities. The development comes months after antitrust regulators began looking into the local market, and both bodies have requested records of electronic chats and other communications.

Source: Bloomberg