Overboarding treatment under discussion in the New Market Regulation
Companies listed on the New Market have until next August 2nd to submit their comments on B3’s public consultation proposing changes to the New Market Regulation, including rules to limit directors’ participation on the boards of directors of publicly traded companies.
The split vote by the Securities and Exchange Commission (CVM) on the D¥N token highlights the need for specific regulation on the subject
The recent decision by the Securities and Exchange Commission (CVM) on whether to classify a certain token as a security has caused some unease in the market, highlighting that the current regulatory framework may lack the clarity and consensus expected by the market.
Securities and Exchange Commission (CVM) decides that Dynasty’s token is not a security
The board of the Securities and Exchange Commission (CVM) ruled that the payment tokens developed by real estate investment firm Dynasty Global (called DYN) do not qualify as securities. The decision, however, was not unanimous, and was the outcome of a discussion that lasted about two years.
The rise of managed portfolios?
The past few years have likely brought the most structural changes to the investment funds industry. Since the enactment of the Economic Freedom Law in 2019, which introduced a long-awaited, more detailed legal framework for investment funds, followed by the regulation issued by the Brazilian Securities and Exchange Commission (CVM) at the end of 2022 (CVM Resolution 175), and recent tax framework changes for closed-end funds, the industry—an increasingly vital player in financing Brazil’s real economy—is adjusting to its new legal landscape.
The Brazilian Securities and Exchange Commission (CVM) will review rules for sanctioning proceedings
The Securities and Exchange Commission (CVM) is preparing changes to the rules governing sanctioning administrative proceedings. The goal is to make the agency’s work faster and more transparent.
