traslations about Comunication of Granados the last part According to the SFC the main function of this entity is none other than "ensure that the local market has adequate disclosure to investors taking as reference the behavior of the home market." And in their duties regarding the disclosure of information the SFC is not wrong, although it is clear from what was said above, that is not its only function. But if it were, the entity must be clear about what information is "adequate" and, noting the breach of these duties and exercise this function, you can use all possible mechanisms to ensure that investors and market intermediaries public securities are especially informed when the press revealed information that should be public, such as the intension of remunerating managers in exchange for the cancellation of shares of existing investors. In conclusion, it can not be acceptable for domestic and foreign investors that the regulator of the public market of Colombia considers that the listed and traded on the public market securities are excluded from the monitoring, surveillance and control of the entity to the detriment of the rights of investors. No longer it is worrying, to say the least, that the authority, through a simple press release, is excuse to intervene in a situation that will leave thousands of investors and creditors in the domestic market, subject to the decisions of a body administrators with tools and questionable strategies are putting their interests above the interests of shareholders, avoiding at all costs to inform the market about its actions and using as an instrument the silence and darkness of the night of Sunday to make decisions that will end with the interests of shareholders. In this way, we will continue working on the defense of the shareholders whom we represent and we hope that the SFC resolve the actions presented in accordance with the principles of protecting investors governing its action and the provisions in the regulations Colombian. Cordially, JAIME GRANADOS ENRIQUE PEA