CVM Instruction No. 312 of August 13, 1999, with Amendment Introduced by CVM Instruction No. 461/07

FULL TEXT OF CVM INSTRUCTION NO. 312, OF AUGUST 13, 1999, WITH AMENDMENT INTRODUCED BY CVM INSTRUCTION NO. 461/07.

Provides for the admission of securities for trading on stock exchanges.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Board, in a meeting held on this date, in accordance with the provisions of Art. 8, item I, of Law No. 6,385, of December 7, 1976, HAS DECIDED to issue the following Instruction:

Art. 1
To obtain the registration referred to in Art. 21, item I, of Law No. 6,385, of December 7, 1976, the company must request the admission for trading, of securities it has issued, on a stock exchange of its free choice.

Art. 2
The stock exchange may establish minimum requirements for the admission of securities for trading within its premises or system.

Art. 3
The company must provide, to the stock exchange that admits its securities, the documents required by it, and provide the information requested of it.

Art. 4
The admission for trading of the securities issued by a company on a stock exchange authorizes their trading on other stock exchanges, provided their minimum requirements are met.

Art. 5
If the admission request is denied, the interested company is assured the right to appeal to the Securities and Exchange Commission - CVM, without suspensive effect, within a period of ten days, counted from the date it becomes aware of the decision.

Art. 6
The stock exchange that admits securities for trading must immediately communicate this fact to the CVM.

• Article revoked by CVM Instruction No. 461, of October 23, 2007.

Art. 7
This Instruction enters into force on January 1, 2000.

Art. 8
CVM Instructions No. 5, of December 26, 1978, and No. 136, of December 5, 1990, are revoked on the above date.

Original signed by
FRANCISCO DA COSTA E SILVA
President