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Banking & Financial Services

17 November 2020
Bernardo Freitas CVM eases investment crowdfunding rules

Brazil - Freitas Ferraz Advogados

In light of the growing popularity of crowdfunding as a means of financing and maintaining small businesses' operations, it has remained on the Brazilian Securities and Exchange Commission's (CVM's) agenda, leading to discussions as to how the existing regulation can be improved. Thus, in August 2020, in the context of the COVID-19 pandemic, the CVM published a new resolution which has made temporary changes, on an experimental basis, to the existing regulatory requirements.

Authors: Bernardo Freitas, Isabela Ardaya
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