The Brazil Securities Commission's Superintendence for Securities Registration has suspended the public offering of units in the second issuance of the Bradesco Fundo de Investimento Financeiro infrastructure fixed income fund class after identifying irregularities in its use of the automatic registration procedure. The technical area found that the offering began before all requirements for an automatic registration filing had been met, notably the submission of the electronic offering application form, and also identified shortcomings in the disclosure of offering documents under CVM Resolution 160. The suspended transaction involves Banco Bradesco S.A. as administrator and Bradesco BBI S.A. as lead intermediary. The suspension takes immediate effect for up to 30 days, ending on July 24, 2026, during which the defects that led to the measure must be fully remedied. The offering party must also immediately publish a market notice disclosing the suspension decision. If the irregularities are not corrected within that period, the Superintendence may cancel the offering permanently.
Brazil Securities Commission (CVM)2026-06-16
Brazil Securities Commission suspends Bradesco fund offering for up to 30 days over automatic registration and disclosure failures
The Brazil Securities Commission suspended the Bradesco fund's public offering of units after finding that it started without meeting all automatic registration requirements and that its offering documents were not properly disclosed under CVM Resolution 160. The suspension lasts for up to 30 days, until July 24, 2026, and the defects must be cured within that period. If they are not, the offering may be cancelled permanently.