The Securities Commission (Comissão de Valores Mobiliários) (CVM) has issued an Instruction which introduces changes and adds new provisions into a previous Instruction (296/98) on the registration of public distributions of securities and participation certificates.
Source: CVM Instruction No. 350, published in the Official Gazette of the Federal Executive Section I of 5th April, 2001. Pinheiro Neto Advogados