Regulatory Alerts2009-01-16
CVM Instruction 476 (Revoked) - Public Offerings of Securities with Restricted Efforts
The Brazilian Securities and Exchange Commission (CVM) issued Instruction 476 to regulate public offerings of securities distributed with restricted efforts and their trading on regulated markets. This instruction was subsequently revoked by CVM Resolution 160/22, following various amendments by earlier instructions and resolutions. The document serves as a consolidated record of the regulatory framework for restricted-effort securities offerings prior to its repeal.
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