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Guidance · CVM · 12 Mar 1992

CVM Orienting Opinion 25

securities

The CVM clarifies that indices of stocks and options on stock indices may be acquired on commodities and futures exchanges, interpreting Article 30 of CVM Instruction No. 177 of February 6, 1992. This interpretation was approved by the Collegiate Body on March 11, 1992.

BrazilComissão de Valores Mobiliários

CVM ORIENTING OPINION NO. 25, OF MARCH 12, 1992.

SUMMARY: Interpretation of Article 30 of CVM Instruction No. 177, of February 6, 1992.

For the purpose of interpreting Article 30 of CVM INSTRUCTION NO. 177, of February 6, 1992, the CVM clarifies that indices of stocks and options on indices of stocks may be acquired on commodities and futures exchanges.

Approved by the Collegiate Body on 11.03.92. Publish.

Signed original by
FLORA VALLADARES COELHO
Acting President

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Lineage: In force

CVM Instruction 177 (Repealed) …1992CVM Instruction 177 (Repealed) - Mutual Equity Funds - Free Portfolio (1992-02-06)CVM Orienting Opinion 251992-03-12 · this documentCVM Orienting Opinion 25 (1992-03-12)
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