CVM Instruction No. 181 of February 13, 1992

CVM INSTRUCTION NO. 181, OF FEBRUARY 13, 1992

Provides for the update of the brokerage fee table adopted by members of the 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,

HAS RESOLVED:

Art. 1 Alter the brokerage fee table adopted by members of the 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:

1. up to CR$ 609,000.00 - 2.0%, minimum of CR$ 3,300.00;
2. on the amount exceeding CR$ 609,000.00 up to CR$ 1,850,000.00 - 1.5%;
3. on the amount exceeding CR$ 1,850,000.00 up to CR$ 3,700,000.00 - 1.0%; and
4. on the amount exceeding CR$ 3,700,000.00 - 0.5%.

Art. 2 This Instruction shall enter into force on the date of its publication in the Official Gazette of the Union, with CVM Instruction No. 161 of September 28, 1991, being revoked.

Signed original by
ARY OSWALDO MATTOS FILHO
President