2020-01-28
Added · Updated
The Brazilian Securities and Exchange Commission (CVM) issued Instruction No. 618 to amend the effective dates of specific provisions within CVM Instruction No. 612. The regulation establishes that the general instruction enters into force on September 1, 2020, while specific amendments to CVM Instruction No. 505 take effect on March 2, 2020, and May 4, 2020, respectively. This adjustment modifies the implementation timeline for previously established regulatory requirements.
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CVM INSTRUCTION NO. 618, OF JANUARY 28, 2020
Amends the entry into force deadline of provisions of CVM Instruction No. 612, of August 21, 2019.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Board, in a meeting held on this date, based on the provisions of art. 18, item II, letters “a” and “c” of Law No. 6.385, of December 7, 1976, APPROVED the following Instruction:
Art. 1st Art. 5 of CVM Instruction No. 612, of August 21, 2019, shall be effective with the following wording:
“ Art. 5 This Instruction enters into force on September 1, 2020, with the exception:
I – of the new wording given to § 1 of art. 25 of CVM Instruction No. 505, of September 27, 2011, which shall apply from March 2, 2020; and II – of the new wording given to §§ 5 to 8 of art. 4 of CVM Instruction No. 505, of September 27, 2011, which shall apply from May 4, 2020.” (NR)
Art. 2nd This Instruction enters into force on March 2, 2020.
Signed original by
MARCELO BARBOSA
President
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This document amends: CVM Instruction 505: Norms and Procedures for Securities Operations in Regulated Markets
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
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