CVM Bulletin | Administrative Sanctioning Proceedings (PAS): Judgments | August 2026

The new edition of the CVM Bulletin is now available, featuring summaries of the Administrative Sanctioning Proceedings judged in August.

Among the highlights of the month are non-compliance with regulations by administrators and asset managers, the unauthorised provision of portfolio management services, and public offerings of securities carried out without prior registration with the CVM.

Download the bulletin to review the decisions in these proceedings.