Brazil Moves to Fix Its Stock-Market Watchdog

BRAZIL · MARKETS Key Facts —The plan: Brazil’s stock-market watchdog, the CVM, its version of the US SEC, sent the government 22 steps to rebuild itself. —The money: The plan would spend about R$560 million (roughly US$111 million) to hire staff and upgrade its technology. —The backlog: More than 1,000 enforcement cases are stuck in […] The post Brazil Moves to Fix Its Stock-Market Watchdog appeared first on The Rio Times .

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