Rule · CVM · 25 Oct 2014
The Brazilian Securities and Exchange Commission (CVM) issued Resolution No. 523 to amend Article 11 of CVM Resolution No. 457 of 2002. The amendment mandates that after the submission of defenses, case files must be forwarded to the Collegiate Body for the random selection of a Reporting Director. This regulation entered into force on the date of its publication in the Official Gazette of the Union.
CVM RESOLUTION NO. 523, OF JULY 13, 2007
Amends CVM Resolution No. 457, of December 23, 2002.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION – CVM makes public that the Collegiate Body, in a meeting held on this date, based on arts. 8, item I, and 9, § 2, of Law No. 6,385, of December 7, 1976,
DELIBERATED:
Art. 1 The art. 11 of CVM Resolution No. 457, of December 23, 2002, shall be in effect with the following wording:
“Art. 11. After the submission of defenses, the case files shall be forwarded to the Collegiate Body, for the random selection of a Reporting Director. ................................................................................................” (NR)
Art. 2 This Resolution enters into force on the date of its publication in the Official Gazette of the Union.
Original signed by
MARCELO FERNANDEZ TRINDADE
President
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“Amends CVM Resolution No. 457, of December 23, 2002.”
More like this from CVM
CVM published 2 documents in the last 30 days. We email you each new one the day it's published.
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
In RegAlert: added · updated