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Securities and Exchange Commission of Brazil
(redirected from Brazilian Securities and Exchange Commission)

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Securities and Exchange Commission of Brazil
Also called the Comissao de Valores Mobiliarios or the CVM. An agency of the Brazilian government that serves as the primary regulator of the securities trade. It attempts to ensure that all trades are fair, and that no price manipulation or insider trading occurs. Additionally, the CVM promotes full disclosure and transparency to ensure competitiveness. It was established in 1976.


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The bank has already obtained approval from the Brazilian Central Bank and from the Brazilian Securities and Exchange Commission, or CVM, for the issue.
Braskem will keep its shareholders and the capital markets informed about the eventual conclusion of these negotiations and will make public again any fact that needs disclosure in compliance with the Laws and the regulations of the Brazilian Securities and Exchange Commission (CVM).
The Debentures were distributed in Brazil only, exclusively to qualified investors, pursuant to Instruction 476 issued by the Brazilian Securities and Exchange Commission (CVM) on January 16, 2009 (CVM Instruction 476).
 
 
 
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