Global financial groups have already included Brazil as an investment opportunity and are preparing to act in local markets, directly or through affiliations with qualified partners. Brazilian brokerage houses will have to adopt a Business Plan and qualify themselves in order to face competition and the demands from new investors entering the domestic market. These were some of the themes discussed by Professor William Handorf, from George Washington University and director and chairman of the Federal Reserve Bank of Baltimore, during a seminar at BM&F. The event took place on October 5th, with the aim of debating the Operational Qualification Program (PQO) for brokerage houses.
BM&F’s chairman, Manoel Felix Cintra Neto, and CEO, Edemir Pinto, opened the event. Presentations of the basic PQO guidelines were made by Verdi Monteiro and Paulo Oliveira. BM&F’s director of Audit and Compliance, Marcos Torres, presented specific PQO guidelines and methodology. The event was broadcasted via video-conference to the Rio de Janeiro Stock Exchange.
Click here for Prof. William Handorf’s presentation.
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Global Financial Groups Build Investment Strategies For Brazil And Competition Will Raise, Says Expert During Seminar At BM&F
Date 09/10/2006