RegAlertRule · CVM · 2 May 1997
CVM Instruction No. 262 of May 2, 1997
CVM Instruction No. 262 authorizes the use of credit insurance as collateral for operations conducted on stock exchanges and futures exchanges. This regulation applies to credit insurance as a guarantee under the terms of Article 1, paragraph 1 of CVM Instruction No. 120 of June 6, 1990. The instruction entered into force on the date of its publication in the Official Gazette of the Union.
CVM INSTRUCTION NO. 262, OF MAY 2, 1997.
Authorizes the inclusion of credit insurance as collateral for operations on Stock Exchanges and Futures Exchanges.
The PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Body, in a session held on this date, and based on the provisions of Articles 8, 17, and 18, item II, letter “a”, of Law No. 6,385, of December 7, 1976, resolved to issue the following Instruction:
Art. 1 Credit insurance may constitute collateral for the purposes set forth in paragraph 1 of Article 1 of CVM Instruction No. 120, of June 6, 1990.
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
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Lineage: In force
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