Saltar para o conteúdo
CVM Resolution 175/22 represents a new regulatory framework for investment funds, modernizing the rules on the constitution, operation and disclosure of fund information and the provision of services to funds. The rule replaces and repeals 35...
Bottom image of a glass ceiling, mirrored in blue
One-off adjustments to the sector's regulatory framework address FII, FIP, ETF, among other categories of funds.
Changes expand possibilities and access for foreign issuers.
Autarchy discloses Annual Circular Letter 2023 to clarify procedures to be adopted in the routine obligations of companies.
Regulation amends the contents of CVM Resolution 80 and CVM Resolution 160 to facilitate procedures related to offers
New CVM resolution accelerates transactions carried out via automatic registration procedure and aimed exclusively at professional investors.
Check out the innovations brought by CVM Resolution 160, which comes into force on January 2, 2023
Model adopted in CVM Resolution 135 was inspired by the European regulation for the definition of large in scale orders (LIS).
Authority approves proposal for a consent order in process in which an investor questioned the amount recorded by the company in the capital stock and profit reserves accounts.
Circular-Letter 2/2022/CVM/SIN/SSE brings clarifications directed to investment fund managers.
CVM Guidance Opinion 40 consolidates understanding on regulation of cryptoasset securities.
Standards require independent directors in publicly-held companies and determines other measures on voting rights, segregation of directors' functions and publication of financial statements.
Superior Court of Appeals discusses the possibility of collecting the tax in transactions carried out by a real estate investment fund.
Majority of the board concludes that the materialist theory should be adopted.
Document has undergone changes and brings as main novelty obligations to disseminate information on ESG and climate.
Document analyzes current initiatives, as well as challenges and opportunities for the agency.
The board of the Brazilian Securities and Exchange Commission (CVM), unanimously, acquitted the defendants in the context of a sanctioning administrative proceeding initiated to determine the responsibility of members of the board of directors for breach of the diligence duty , provided for in article 153 of Law 6,404/76 (Corporation Law).
The new legislation represents a major development for the securitization industry in Brazil, as it allows for greater standardization in the structuring of transactions with different types of securities, reducing costs and providing greater legal certainty for investors.
The rule enters into force on July 1 with innovations for small scale business companies in the public offering of securities with exemption from registration and carried out through an electronic crowd investment platform.
A new rule will come into force on May 2. Its application will be mandatory for corporate claims filed from that date and optional for those initiated before the standard.
Logo Machado Meyer

Ⓒ MACHADO, MEYER, SENDACZ E OPICE ADVOGADOS 2023
TODOS OS DIREITOS RESERVADOS