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STF gives Brazil 20 days to fix securities watchdog

Filed: May 06, 2026 at 6:05 AM ET
Summary: Brazil’s Supreme Court ordered the government to deliver a plan to strengthen the securities regulator within 20 days.
WHO: Supreme Court Justice Flávio Dino
WHAT: Justice Flávio Dino ordered a 20-day plan to strengthen the Comissão de Valores Mobiliários after the Banco Master fraud probe.
WHEN: May 06, 2026 at 4:58 AM ET
WHERE: Brazil
WHY: The decision cites the unfolding Banco Master fraud probe.
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