Rule · CVM · 17 Aug 1990
The Securities and Exchange Commission of Brazil (CVM) defines as a serious offense the non-compliance with specific articles of Law No. 6,404/76, including Articles 117, 153, 154, 155, 156, 165, 201, 202, 205, 245, 254, 255, and 273, along with their respective paragraphs. This classification subjects violators to penalties outlined in items III and VI of Article 11 of Law No. 6,385/76. The instruction became effective upon its publication in the Official Gazette.
Defines as a serious offense the non-compliance with the articles of Law No. 6,404/76 that it cites.
The BOARD OF DIRECTORS OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that in a session held on August 15, 1990, and in accordance with the provisions of Article 11, § 3rd, of LAW NO. 6,385, of December 7, 1976,
RESOLVED:
Art. 1. Non-compliance with Articles 117 and its paragraphs, 153, 154 and its §§ 1st and 2nd, 155 and its §§ 1st and 2nd, 156 and its § 1st, 165, 201, 202 and its § 5th, 205 and its § 3rd, 245, 254 and its §§ 1st and 2nd, 255 and its §§ 1st and 2nd, and Article 273 of Law No. 6,404, of December 15, 1976, is considered a serious offense, warranting the application of the penalties provided for in items III and VI of Article 11 of Law No. 6,385/76, in addition to the cases already provided for in CVM normative acts.
Art. 2. This Instruction enters into force on the date of its publication in the Official Gazette.
Original signed by
ARY OSWALDO MATTOS FILHO
President
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A newer document in RegAlert replaces this one.
“The following CVM Instructions are revoked: III – No. 131, of August 17, 1990”
“in accordance with the provisions of Article 11, § 3rd, of LAW NO. 6,385, of December 7, 1976”
Amended 1 time · last 2011-02-22
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