The Tough But Hopeful Sheriff

The Tough But Hopeful Sheriff


Luiz Leonardo Cantidiano The president of Brazil's CVM Securities Commission is commonly known simply as the Sheriff of the Markets, the implication being that Latin America's biggest capital market is little more than a Wild West. Luiz Leonardo Cantidiano, a Rio de Janeiro securities lawyer, is Brazil's third Sheriff in three years, taking office in August. But unlike his predecessors, Cantidiano comes equipped with serious new powers to stamp out cheating and enforce Brazil's tough new securities laws. Cantidiano, 53, is a securities lawyer with 30 years' experience but his m

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