Regulatory Alerts2014-10-25
CVM Instruction No. 526 of September 21, 2012
The Brazilian Securities and Exchange Commission (CVM) issued Instruction No. 526 to amend Article 37 of Instruction No. 505. This amendment mandates that intermediaries must comply with the provisions of the Instruction and rules established by organized market administrators by February 1, 2013. The regulation entered into force on the date of its publication.
CVM INSTRUCTION NO. 526, OF SEPTEMBER 21, 2012.
Amends Article 37 of CVM Instruction No. 505, of September 27, 2011.
The INTERIM PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Body, in a meeting held on September 18, 2012, based on items "a" and "c" of item II of Article 18 of Law No. 6,385, of December 7, 1976, APPROVED the following Instruction:
Art. 1. Article 37 of CVM Instruction No. 505, of September 27, 2011, shall be effective with the following wording:
"Art. 37. Intermediaries must adapt to the provisions of this Instruction and to the rules issued by the administrators of organized markets by February 1, 2013." (NR)
Art. 2. This Instruction enters into force on the date of its publication.
Original signed by OTAVIO YAZBEK Interim President