CVM Instruction 137 (Revoked)

CVM INSTRUCTION NO. 137, OF DECEMBER 20, 1990
Amends the wording of Article 13 of CVM Instruction No. 120, of June 6, 1990.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION makes it known that the Collegiate Board, in a session held on this date, in accordance with the provisions of Articles 8, 17, and 18, item II, subsection "a", of Law No. 6,385, of December 7, 1976,

HAS DECIDED:

Art. 1. Amend Article 13 of CVM Instruction No. 120, of June 6, 1990, which shall enter into force with the following wording:

"Art. 13. Extend to April 30, 1991, the effective date for the period for physical and financial settlement of operations carried out on the Stock Exchange, in all markets, until the day following the closing of the operation (D+1).

Sole Paragraph. Until April 29, 1991, settlements will continue to be processed until the 2nd day following the closing of the operation (D+2)."

Art. 2. This Instruction shall enter into force on the date of its publication in the Official Gazette of the Union, with the repeal of contrary provisions.

Signed original by
ARY OSWALDO MATTOS FILHO
President