Tag Archives: CVM

ILN Today Post

The new regulation of investment funds in participants – FIPS

The Securities and Exchange Commission (CVM) published on August 30, CVM Instruction No. 578 with the new rules governing the establishment, operation and administration of Investment Funds in Participations, the FIPs, reflecting the regulatory modernization of the fund industry and the approach the local rules to those practiced internationally.

Among the main innovations brought by the new rule are:

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