The Board of the Securities and Exchange Commission of Brazil (CVM) accepted two commitment agreement proposals during its meeting on 15 September 2026, concluding administrative proceedings through total settlement payments of R$ 588,000.
Settlement Reached with Pet Center Comércio e Participações Executive
Rodrigo Fernandes Dalago da Cruz, Vice President of Commercial Retail at Pet Center Comércio e Participações S.A., submitted a settlement proposal to end administrative sanctioning proceeding PAS CVM 19957.012282/2025-83.
The proceeding was initiated by the Company Relations Superintendence (SEP) to examine alleged irregularities concerning the sale of shares in Pet Center Comércio e Participações S.A. prior to the release of the company's 2024 financial statements, representing a potential violation of Article 14 of CVM Resolution 44.
Following legal confirmation from the Specialized Federal Attorney's Office (PFE-CVM) and negotiations with the Commitment Agreement Committee (CTC), Cruz agreed to pay R$ 180,000.00 to the CVM, leading the CVM Board to approve the final settlement.
Price Manipulation Investigation Settlement
In a separate case, Rony Susskind submitted a commitment agreement proposal to settle administrative proceeding PA CVM 19957.010071/2025-14 prior to the potential opening of an administrative sanctioning proceeding.
The case was opened by the Market Supervision, Derivatives and Systemic Risks Superintendence (SMD) to investigate potential price manipulation involving real estate investment fund quotas, a potential breach of Article 2 of CVM Resolution 62.
After the PFE-CVM found no legal impediment and following negotiations with the CTC, Susskind agreed to pay R$ 408,000.00 to the CVM, which was accepted by the CTC and endorsed by the CVM Board.
