Rule · CVM · 17 Mar 2020
CVM Instruction No. 621 explicitly revokes CVM Instruction No. 559 of March 27, 2015. The regulation enters into force on the first business day of April 2020, thereby nullifying the previous instruction's legal effect for market participants subject to CVM oversight.
SECURITIES COMMISSION OF BRAZIL
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CVM INSTRUCTION No.
621, OF MARCH 17, 2020
Revokes CVM Instruction No. 559, of March 27,
2015.
THE PRESIDENT OF THE SECURITIES COMMISSION - CVM makes public that the Collegiate Body, in a meeting held on this date, based on the provisions of arts. 8, item I, 19, § 5, and 21, § 6, of Law No. 6,385, of December 7, 1976, in the Regulation Annex II to CMN Resolution No. 4,373, of September 29, 2014 and in art. 2 of CMN Resolution No. 4,761, of November 27, 2019, APPROVED the following Instruction:
Art.1. CVM Instruction No. 559, of March 27, 2015, is hereby revoked.
Art. 2. This Instruction enters into force on the first business day of April 2020.
Original signed by
MARCELO BARBOSA
President
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“Revokes CVM Instruction No. 559, of March 27, 2015.”
“based on the provisions of arts. 8, item I, 19, § 5, and 21, § 6, of Law No. 6,385, of December 7, 1976”
“in the Regulation Annex II to CMN Resolution No. 4,373, of September 29, 2014”
“and in art. 2 of CMN Resolution No. 4,761, of November 27, 2019”
This document supersedes: CVM Instruction No. 559 (Repealed) - Approval of Depositary Receipt Programs for Trading Abroad
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