The Brazil Securities Commission has published a notice that Brazil's Federal Court of Accounts, as part of an operational audit of the CVM's governance, has launched a perception survey on the Termo de Compromisso mechanism used in the securities market. The survey is intended to assess how supervised entities, CVM staff and other stakeholders view the mechanism's effectiveness, equal treatment and transparency. The questionnaire is available until July 14 and takes about 10 minutes to complete. Participation is anonymous, and responses are sent directly to the Federal Court of Accounts and handled confidentially. The survey remains open through July 14.