Comissão de Valores Mobiliários (CVM)

The Comissão de Valores Mobiliários (CVM) is the Brazilian Securities and Exchange Commission responsible for regulating and overseeing the securities market in Brazil. Established in 1976, the CVM aims to protect investors, ensure fair and efficient markets, and foster the development of the securities market. It enforces compliance with securities laws and regulations, oversees public offerings, and monitors market activities to prevent fraud and manipulation.