Rule · CVM · 11 Apr 2011
This Joint Decision revokes Joint Communication No. 28 of July 18, 1990, which established limits on the investment of securities in the own portfolio of multiple banks, commercial banks, investment banks, development banks, savings banks, leasing companies, and credit cooperatives. The decision enters into force on the date of its publication.
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JOINT DECISION No. 08
BANK OF BRAZIL SECURITIES AND EXCHANGE COMMISSION Revokes Joint Communication No. 28, of 1990. The Collegiate Board of the BANK OF BRAZIL and the Collegiate Board of the SECURITIES AND EXCHANGE COMMISSION, based on Resolution No. 1,654, of October 26, 1989, DECIDED:
Art. 1. Revoke Joint Communication No. 28, of July 18, 1990, of the Bank of Brazil and the Securities and Exchange Commission, which provides for limits on the application in the own portfolio of securities by multiple banks, commercial banks, investment banks, development banks, savings banks, leasing companies, and credit cooperatives. Art. 2. This Joint Decision enters into force on the date of its publication. Brasília, March 30, 2001 Armínio Fraga Neto President of BANK OF BRAZIL José Luiz Osorio de Almeida Filho President of SECURITIES AND EXCHANGE COMMISSION
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“Revokes Joint Communication No. 28, of 1990.”
“based on Resolution No. 1,654, of October 26, 1989,”
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