2022-12-23
Added · Updated
CVM Resolution 175 establishes the rules for the constitution, functioning, and information disclosure of investment funds in Brazil, covering financial funds, credit rights funds, real estate funds, and participation funds. It defines the obligations of service providers, including administrators and managers, and sets forth requirements for fund shares, portfolio limits, and liquidation procedures. The resolution also outlines the powers of unit holders' assemblies and specifies penalties for non-compliance.
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