New Brazilian Securities and Exchange Commission Rules on Equity Crowdfunding become effective
In July 1, 2022, the Brazilian Securities and Exchange Commission (“CVM”) Resolution No. 88/2022 (“RCVM 88”), entered into force, revoking CVM Instruction No. 588/17 (“ICVM 588”) and regulating the public offering of securities issued by small companies, carried out with exemption from registration, through electronic platforms for equity investment. Equity