Capital Markets: History in Brazil Juliana Gonçalves Pereira, Hernâni Joaquim de Mendanha Arriscado

Abstract

In this article, we will present the market diversification and the ease of financing after the regulation of the Capital Market Law, where the theme will begin to be deepened, trying to identify how the National Capital Market is represented by the stock exchanges Securities and over-the-counter markets, such as shares, debentures and subscription warrants. The objective of the Capital Market is to add liquidity to securities that are issued by companies and assist in the capitalization process. The Capital Market has two participants: investors, who await the fair return of all the capital invested in companies and companies, who are waiting for these investors to add value to their projects by putting them into practice. A Law for the regulation of the Capital Market was established, Law No. 4,595 of December 31, 1964. Where it brought great economic growth nationally and internationally within the financial market. In Brazil, the Capital Market is known as the securities market, whose regulatory body is the Securities Committee (CVM), which improves the mechanisms and standards with the guarantee of competitive conditions in the market.