Brazil's competition regulator recommended condemning B3, the near-monopoly stock exchange, for abusing its dominance. What is at stake for investors.
Key Facts
—The move. Brazil’s antitrust regulator recommended condemning B3, the national stock exchange.
—The charge. It is accused of abusing its dominance in asset registration and custody.
—The fine. The proposed penalty is about R$100m ($19m), plus behavioral remedies.
—The origin. The case began in 2022 on a complaint by a would-be rival, CSD BR.
The watchdog is the Comissao de Valores Mobiliarios, or CVM, Brazil's equivalent of the US Securities and Exchange Commission.
Explore B3's innovation with a blockchain depository and the upcoming introduction of B3RL stablecoin for direct settlements.
Parecer se refere aos mercados de registro e depósito de ativos nos mercados financeiro e de capitais
Condenações no conselho, em geral, impõem multa e o fim da prática
Brazil · Banking Key Facts —Market loss: Brazil's four largest banks shed approximately R$80 billion (about $16 billion) in…
Complete sector-by-sector guide to Brazil's top B3 stocks: Petrobras, Vale, Itaú, Nubank, JBS and more.
