CVM Instruction No. 258 of January 22, 1997

CVM INSTRUCTION NO. 258, OF JANUARY 22, 1997.
Adds a paragraph to Article 1 of CVM Instruction No. 215, of 08.06.94.

The PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate, in a meeting held on this date, in accordance with the provisions of CMN Resolution No. 1787, of February 1, 1991, and Article 19 of Law No. 6,385, of December 7, 1976, resolved to issue the following Instruction:

Art. 1. Paragraph 8 is included in Article 1 of CVM Instruction No. 215, of 08.06.94, with the following wording:

Ҥ8. The provisions of paragraph 5 of this article do not apply to the cases where the quota holders are:
I - insurance companies;
II - open and closed private pension entities; or III - investment funds regulated and supervised by the CVM or by the Central Bank of Brazil.”

Art. 2. This Instruction enters into force on the date of its publication in the Official Gazette of the Union.

Signed original by
FRANCISCO AUGUSTO DA COSTA E SILVA
President