Rule · CVM · 6 Apr 2000
CVM Instruction No. 334 amends Article 2 of CVM Instruction No. 317 to require a formal agreement between the national and foreign stock exchanges for the registration of Depositary Receipts (DRs) representing shares of Brazilian open companies traded on foreign exchanges. The instruction explicitly revokes the previous paragraphs of Article 2 of Instruction No. 317. This regulation applies to entities seeking to register DR programs for trading outside Brazil and enters into force on the date of its publication in the Official Gazette of the Union.
CVM INSTRUCTION NO. 334, OF APRIL 6, 2000.
Amends CVM Instruction No. 317, of October 15, 1999, which provides for the registration with the CVM of "Depositary Receipts" – DRs – programs for trading abroad.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Board, in a meeting held on this date, having in view the provisions of art. 18, item II, letter "a", of Law No. 6,385, of December 7, 1976, and of art. 21 of the Regulation annexed to Resolution of the National Monetary Council No. 1,289, of March 20, 1987, RESOLVED to issue the following Instruction:
Art. 1
Article 2 of CVM Instruction No. 317, of October 15, 1999, shall be in effect with the following wording:
"Art. 2
For the registration of DR Programs, representing shares issued by Brazilian open companies and traded on a stock exchange, which have as their objective trading on stock exchanges abroad, an agreement must be celebrated between the national and foreign exchanges, which must be sent to the CVM. (NR)
§1 revoked.
§2 revoked."
Art. 2
This Instruction enters into force on the date of its publication in the Official Gazette of the Union.
Signed original by
JOSÉ LUIZ OSORIO DE ALMEIDA FILHO
President
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
A newer document in RegAlert replaces this one.
“II – CVM Instruction No. 334, of April 6, 2000;”
“Amends CVM Instruction No. 317, of October 15, 1999, which provides for the registration with the CVM of "Depositary Receipts" – DRs – programs for trading abroad.”
“having in view the provisions of art. 18, item II, letter "a", of Law No. 6,385, of December 7, 1976”
“and of art. 21 of the Regulation annexed to Resolution of the National Monetary Council No. 1,289, of March 20, 1987”
Amended 1 time · last 2015-03-27
This document amends: CVM Instruction No. 317 of October 15, 1999 (Revoked)
More like this from CVM
CVM published 2 documents in the last 30 days. We email you each new one the day it's published.
Source: Comissão de Valores Mobiliários — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added