Bourses to have 18 months to adapt to new Brazil rules-watchdog
December 20, 2013 at 10:29 AM EST
SAO PAULO, Dec 20 (Reuters) - Bourses and clearinghouses will have 18 months to adapt to new rules in Brazil's financial exchange industry that will be implemented in June, securities industry watchdog CVM said on Friday, in a step aimed at fostering competition and transparency in domestic financial markets.
