Brazil's CVM settlement with XP Investimentos and founder Guilherme Benchimol closes a 2017 case, with payments but no admission of guilt.
Brazil · Business
Key Facts
—Regulator Brazil’s Comissão de Valores Mobiliários (CVM), equivalent to the US SEC
—Parties XP Investimentos and founder Guilherme Benchimol
—Total Payment R$ 2.685 million (~US$ 526,470) to the CVM and an investor
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