Rule · CVM · 29 Aug 1991
CVM Instruction No. 161 updates the brokerage fee table adopted by members of Stock Exchanges for variable income securities, establishing a tiered percentage structure based on the total market value of operations executed in a single day for a single client. The instruction repeals CVM Instruction No. 102 of June 18, 1989, and enters into force on September 2, 1991.
CVM INSTRUCTION NO. 161, OF AUGUST 29, 1991
Provides for the update of the brokerage fee table adopted by members of Stock Exchanges.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - makes public that the Collegiate Body, in a session held on this date, and in accordance with the provisions of Article 37 of the Regulation annexed to Resolution No. 1,656, of October 26, 1989, of the National Monetary Council,
RESOLVED:
Art. 1 Alter the brokerage fee table adopted by members of Stock Exchanges, which shall henceforth be as follows for variable income securities, based on the total market value of operations executed in the same Stock Exchange, on the same day, for the same client:
Art. 2 This Instruction shall enter into force on September 2, 1991, and CVM Instruction No. 102 of June 18, 1989, is hereby repealed.
Signed original by
RENÊ DE OLIVEIRA GARCIA JÚNIOR
Acting President
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“CVM Instruction No. 102 of June 18, 1989, is hereby repealed.”
“in accordance with the provisions of Article 37 of the Regulation annexed to Resolution No. 1,656, of October 26, 1989, of the National Monetary Council”
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