CVM Fines Autonomous Investment Agent
By: André Jerusalmy On September 21, 2021, the Brazilian Securities and Exchange Commission (“CVM”) judged the Administrative Sanctioning Proceeding CVM SEI 19957.000520/2020-01 (RJ2020/01227), which analyzed an accusation attributed to an independent investment agent (“AAI”) accused of receiving client funds in his personal account, thus violating art. 13, II of CVM Instruction No. […]