Insights
INSIGHTS
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Brazil enacts a new regulatory framework for investment funds
Dec 2022Read moreOn December 23, 2022, the Brazilian Securities Commission (Comissão de Valores Mobiliários – "CVM") enacted Resolution n. 175 ("Resolution 175"), which sets forth new rules for the incorporation, operation, disclosure of information and provision of services for investment funds (“Funds”). The new resolution, long awaited by the local market, regulates the provisions of the Economic Freedom Law (Lei da Liberdade Econômica - L...