Senate Approves Semi-Annual Audits of the CVM (Brazilian Securities and Exchange Commission) and Expands Accountability to Congress.

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The Committee on Economic Affairs (CAE) approved on Tuesday (30), in a supplementary turn, the replacement for the project that expands the accountability of the Securities Commission (MSC) to the Senate. As no new amendments have been tabled, the text was definitively adopted by the committee. Subject matter exclusive to subscribers. To have full access, please access the link to the subject and register.

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The Senate Economic Affairs Committee (CAE) approved on Tuesday (30), in a supplementary round, the bill that expands parliamentary oversight of the Securities and Exchange Commission (CVM). The proposal obliges the head of the agency to report to the Senate twice a year. As it is being processed in a conclusive manner, the text may proceed directly.