Regulatory Alerts2014-10-25
CVM Resolution No. 514 of December 19, 2006
The Brazilian Securities and Exchange Commission (CVM) issued Resolution No. 514 to amend Resolution No. 457 of 2002 regarding administrative sanction proceedings. The amendment introduces Article 34-A, which mandates that specific provisions of the original resolution apply to summary procedure administrative processes. This regulation entered into force upon publication in the Official Gazette and applies immediately to ongoing cases while preserving the validity of prior acts.
Share