The Brazilian Securities Commission, known as Comissão de Valores Mobiliários (CVM), is the regulatory authority responsible for overseeing the securities market in Brazil. Established in 1976, its main goal is to protect investors, ensure fair trading practices, and promote the development of the capital market. The CVM enforces laws and regulations to maintain transparency and integrity in financial transactions. The CVM supervises various market participants, including publicly traded companies, investment funds, and brokerage firms. It also provides guidance and education to investors, helping them make informed decisions. By fostering a stable and efficient market, the CVM plays a crucial role in the economic growth of Brazil.