Democratizing Investment: A New Era for Retail Investors in Brazil

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Date: 23rd Dec, 2024 Source: In-House Country: Brazil

Brief

"On December 23, 2024, the Brazilian Financial and Capital Markets Association issued an update regarding Offering FIPs to retail is a natural step forward and promotes democratization of investor access, says ANBIMA. This change allows fundos to be commercialized for varejo investors, previously only available to qualified investors with over R$1 million invested. The CVM also flexibilized the way funds influence companies invested in."

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