Reuters logo
STXNEWS LATAM-Brazil may ease rules for IPOs below $71.5 mln-regulator
November 23, 2012 / 12:40 PM / 5 years ago

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.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below