CVM has six accusations against Banco Master and Reag awaiting judgment
The Brazilian Securities Commission (CVM) has announced six accusations against Banco Master and Reag, awaiting judicial resolution amid ongoing financial fraud investigations.
Master scandal involved 'perverse alignment', says interim president of the CVM
The interim president of the CVM discussed the Master Bank scandal, highlighting a deceptive alignment of incentives between managers and investors.
CVM "deriva"
The Brazilian Securities and Exchange Commission (CVM) is facing operational challenges due to the lack of leadership as only two of its five director positions are filled amid significant market frauds.
Leak about R$ 3.6 billion default by Banco do Brasil is under the scrutiny of CVM
A reported R$ 3.6 billion default case involving Banco do Brasil has prompted scrutiny from Brazil's securities regulator, CVM, potentially affecting its market and the implicated company.
TCU files process questioning the appointment to the presidency of the Securities and Exchange Commission
The Brazilian Federal Court of Accounts (TCU) unanimously decided to archive a process questioning Otto Lobo's nomination as president of the Securities and Exchange Commission (CVM).
Master Case: Senate committee approves meetings with the Federal Police, Central Bank, TCU, CVM, and former president of BRB
The Brazilian Senate's Committee on Economic Affairs approved invitations for various authorities to provide information regarding the Master Bank case.
Senate Group Investigating Master Case Focuses on Actions of the Securities and Exchange Commission
A Senate working group in Brazil is initiating inquiries into the actions of the Securities and Exchange Commission related to the Master case.
Shortages in the CVM's Board Delay Judgments and Accumulate Cases in the Agency
The CVM in Brazil is facing a delay in processing market irregularity cases due to vacancies in its board.
CVM begins new investigation today into Master and Reag actions
The Brazilian Securities Commission (CVM) has initiated a new investigation into Banco Master and the Reag fund management, along with other related entities, starting today.
TCU alerts the Senate about the appointment to CVM
The Federal Court of Accounts (TCU) will analyze a request for a warning regarding Otto Lobo's appointment as head of the Securities and Exchange Commission (CVM) amid concerns about political influence.
CVM creates working group to evaluate cases of Master and Reag
The CVM has approved the formation of a working group to analyze information related to Banco Master, Reag, and associated entities that were targets of Federal Police operations.
CVM creates group to analyze information about Banco Master, Reag and entities linked to the case
The Brazilian Securities and Exchange Commission (CVM) has established a working group to investigate information related to the Master conglomerate, Reag, and other associated entities following the liquidation of Banco Master amid ongoing fraud investigations.
Senate Commission will vote on changing law for Central Bank to supervise funds, says Renan Calheiros
Senator Renan Calheiros announced that the Senate's Economic Affairs Commission will approve legislative changes to permit the Central Bank to supervise funds, which is currently under the purview of the Securities and Exchange Commission (CVM).
Ambipar: coordinated movement between fund and stock purchase by owner intrigues market
Investors are puzzled by a coordinated movement involving Tercio Borlenghi Junior's company Ambipar, the Fênix investment fund, and significant stock purchases by Borlenghi amid a CVM investigation into potential stock manipulation.
Request for suspension of appointee to CVM has precedent at TCU
The request to suspend Otto Lobo's appointment as head of the Securities and Exchange Commission (CVM), currently under review by the TCU, has a precedent in a past case concerning the appointment of Carlos Baigorri to Anatel.