Regulatory Alerts2016-09-28
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CVM Instruction No. 581 of September 29, 2016
The Brazilian Securities and Exchange Commission (CVM) issued Instruction No. 581 to amend Article 25 of CVM Instruction No. 505. The amendment updates the regulatory text to specify exclusions for financial institutions and persons linked to intermediaries in organized markets or public offerings where the intermediary does not participate. This instruction entered into force on the date of its publication.
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