Rule · CVM · 20 Mar 1991
CVM Instruction No. 140 amends Articles 41 and 44 of CVM Instruction No. 91 of December 6, 1988, to expand the permissible investment alternatives for the remaining resources of Foreign Capital Conversion Funds (FCCE) and FCCE (Incentivized Areas). The amendments allow these funds to invest in financial application fund shares, federal public debt titles, and other securities issued by open companies, with additional specific allowances for FINOR, FINAM, and FUNRES certificates for incentivized areas. This instruction entered into force on the date of its publication in the Official Gazette of the Union.
CVM INSTRUCTION NO. 140, OF MARCH 20, 1991.
Alters the composition of the portfolio of securities and financial instruments of the Foreign Capital Conversion Funds and Foreign Capital Conversion Funds (Incentivized Areas).
The BOARD OF DIRECTORS OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that, in a meeting held on this date, and in accordance with the provisions of CMN Resolution No. 1,787, of February 1, 1991,
RESOLVED:
Art. 1. Amend Art. 41 of CVM Instruction No. 91, of December 6, 1988, which shall enter into force with the following wording:
“Art. 41. The remaining resources from the investments of the FCCE may be kept available or invested in the following investment alternatives, individually or cumulatively:
I - shares of Financial Application Funds;
II - Federal Public Debt securities;
III - Other securities issued by open companies.”
Art. 2. Amend Art. 44 of CVM Instruction No. 91, of December 6, 1988, which shall enter into force with the following wording:
“Art. 44. The remaining resources from the investments of the FCCE (Incentivized Areas) may also be kept available or invested, individually or cumulatively, in shares of Financial Application Funds and Federal Public Debt securities, in addition to Investment Certificates of the Investment Funds of the Northeast (FINOR), of the Amazon (FINAM), and of Economic Recovery of the State of Espírito Santo (FUNRES), acquired on stock exchanges.”
Art. 3.
This Instruction enters into force on the date of its publication in the Official Gazette of the Union.
Original signed by
ARY OSWALDO MATTOS FILHO
President
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Amended 1 time · last 1994-05-23
More like this from CVM
CVM published 2 documents in the last 30 days. We email you each new one the day it's published.
Source: Comissão de Valores Mobiliários — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added