STXNEWS LATAM-Brazil may ease rules for IPOs below $71.5 mln-regulator
Brazil's securities and exchange regulator CVM is considering easing rules for initial public offerings of up to 150 million reais ($71.5 million) to facilitate the access of small- and mid-sized companies to funding in capital markets. In a statement published on Friday, CVM said it would be willing to forgo a series of requirements for so-called small IPOs on a "case-by-case" basis.
The regulator is on a working group that will submit a series of recommendations to the government to incentivize such transactions, the statement said.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video