Rule · CVM · 18 Apr 2008
CVM Instruction No. 468 amends Article 122 of Instruction No. 461, requiring currently authorized securities market administrators to adapt their bylaws and market rules to the new provisions within 270 days of its effective date. The instruction entered into force on the date of its publication in the Official Gazette of the Union.
CVM INSTRUCTION NO. 468, OF APRIL 18, 2008
Amends CVM Instruction No. 461, of October 23, 2007, which regulates the regulated markets for securities and provides for the constitution, organization, operation, and extinction of stock exchanges, commodity and futures exchanges, and organized over-the-counter markets.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Board, in a meeting held on April 15, 2008, based on Article 8, item I, and Article 18, item I, letter "f" of Law No. 6,385, of December 7, 1976, APPROVED the following Instruction:
Art. 1. Article 122 of CVM Instruction No. 461, of October 23, 2007, shall be effective with the following wording:
“Art. 122. The entities administering organized securities markets currently authorized by the CVM to operate, on a definitive or provisional basis, shall adapt their articles of association and their rules and the rules of the markets administered by them to the provisions of this Instruction, within a maximum period of 270 (two hundred and seventy) days, counted from its effective date. ......” (NR)
Art. 2. This Instruction enters into force on the date of its publication in the Official Gazette of the Union.
Signed original by
MARIA HELENA DOS SANTOS FERNANDES DE SANTANA
President
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“Amends CVM Instruction No. 461, of October 23, 2007, which regulates the regulated markets for securities and provides for the constitution, organization, operation, and extinction of stock exchanges, commodity and futures exchanges, and o…”
“CVM Instruction No. 468, April 18, 2008”
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