CVM INSTRUCTION NO. 190, OF JULY 1, 1992.

Provides for the use of the securities constituting the portfolios of foreign investors regulated by Resolutions No. 1,289/87 and 1,832/91, as margins for positions in the futures and options markets.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION makes public that the Collegiate Body, in a session held on this date, having regard to the provisions of Article 18, item II, of Law No. 6,385, of December 7, 1976, item II of Resolution No. 1,289, of March 20, 1987, and Article 2 of Resolution No. 1,935, of June 30, 1992.

RESOLVED:

Article 1
Authorize the use of the assets constituting the portfolios of companies, funds, and investment portfolios, regulated by Resolutions No. 1,289, of March 20, 1987, and No. 1,832, of May 31, 1991, for the provision of margin guarantees for positions in the futures and options markets, observing the conditions established by Resolution No. 1,935, of June 30, 1992.

Article 2
This Instruction enters into force on the date of its publication.

Signed original by
ANTÔNIO CARLOS GONÇALVES
Acting President