Regulatory Alerts2003-12-29
CVM Instruction 400 (Revoked) - Public Offerings of Securities
The Brazilian Securities and Exchange Commission (CVM) issued Instruction 400 to regulate public offerings of securities in primary or secondary markets, revoking previous instructions 13/80 and 88/88. The regulation underwent numerous amendments via subsequent CVM Instructions and Resolutions between 2006 and 2021, which modified specific articles and annexes. The entire instruction was ultimately revoked by CVM Resolution 160/22.
CVM Instruction 400 (Revoked)
Mon Dec 29 00:00:00 BRST 2003
Regulates public offerings for the distribution of securities, in the primary or secondary markets, and revokes Instruction 13/80 and Instruction 88/88.
(Published in the Official Gazette on 09.01.04)
(Corrected in the Official Gazette on 25.02.04)
AMENDED by Instructions 429/06; 442/06; 472/08; 482/10; 488/10; 507/11; 525/12; 528/12; 531/13; 533/13; 546/14; 548/14; 551/14; 566/15; 571/15; 583/16; 584/17, 588/17, 595/18, 600/18, 601/18 and 604/18 and by Resolutions 8/20 and 61/21.
REVOKED by Instruction 588/17: item III, §§ 4° to 8° of art. 5°, and Annex IX.
REVOKED by Resolution 160/22.
Public Offerings