CVM Resolution No. 174 of December 5, 2022

SECURITIES AND EXCHANGE COMMISSION OF BRAZIL – CVM

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www.cvm.gov.br

CVM RESOLUTION NO. 174, OF DECEMBER 5, 2022

Amends CVM Resolution No. 31, of May 19, 2021.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION OF BRAZIL – CVM makes public that the Board, in a meeting held on November 23, 2022, based on the provisions of Article 8, I, of Law No. 6,385, of December 7, 1976, and Articles 26 and 28 of Law No. 12,810, of May 15, 2013, APPROVED the following Resolution:

Art. 1 CVM Resolution No. 31, of May 19, 2021, shall be effective with the following wording:

“Art. 36.............................................................
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§ 5 Any charges generated by the creation, modification, and dissolution of liens, encumbrances, or other types of guarantees on securities must be borne exclusively by the parties directly involved in the transaction, in accordance with terms agreed upon by them.” (NR)

“Art. 36-A. The provisions of Art. 36 do not prevent the operation of registrant entities in the creation, modification, and dissolution of liens, encumbrances, or other types of guarantees on securities, including investment fund shares, with registrant entities being responsible for compliance with §§ 1 to 5 of the aforementioned provision.” (NR)

Art. 2 This Resolution enters into force on January 2, 2023.

Signed electronically by
JOÃO PEDRO BARROSO DO NASCIMENTO
President