The Securities and Exchange Commission of Brazil (CVM) (Portuguese: Comissão de Valores Mobiliários) is the securities market authority in Brazil. It regulates the capital markets in Brazil and all of its participants. This includes stock exchanges, public companies, financial intermediaries and investors. It is an independent agency linked to the Ministry of Finance (Brazil) The CVM was established on 7 December 1976, with the passing of the Brazilian legislation Law (6385/76). The CVM responsibilities and powers have been expanded since by Law No. 6422 of 8 June 1977, Law No. 9457 of 5 May 1997, Law No. 10303 of 31 October 2001, Decree No. 3995 of 31 October 2001, Law No. 10,411 of 26 February 2002. In addition the CVM also performs duties under the corporation act as part of Law (6404/76) More information...
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