Tag: CVM

By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – Due to the risks associated with cyber transactions, crypto-currencies such as the popular Bitcoin, will not be accepted as a financial asset by investment funds, Brazil’s Securities and Exchange Commission...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – With a 2 to 1 vote, Brazil’s Securities and Exchange Commission (CVM) found the once billionaire businessman Eike Batista guilty of insider trading, ordering Batista to pay a fine of...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The meatpacking giant of Brazil, JBS announced on Tuesday (May 6th) that it will sell its beef operations in Argentina, Paraguay and Uruguay. The subsidiaries were acquired for a total...
By Stephanie Foden, Contributing ReporterSÃO PAULO, BRAZIL – The Securities Commission of Brazil, CVM, announced it is investigating Brazilian tycoon Eike Batista and top executives at OGX, Batista’s flagship oil company. Investors accuse the magnate, once Brazil’s richest man,...

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