New Sheriff in Town

New Sheriff in Town

Bonds Corporate & Sovereign Strategy

Marcelo Trindade Marcelo Trindade took over the top job at the CVM, Brazil's securities commission, in July after his predecessor Luiz Leonardo Cantidiano quit under a cloud. The head of the CVM is often called the xerife - the sheriff - because he is expected to be honest and clean up a lawless market but usually winds up in Boot Hill Cemetery. Trindade, who just turned 40, is the agency's third boss since 2000. Trindade knows the CVM well. He was a director there between 2000 and 2002. As a corporate lawyer, he also knows capital markets from the issuer's perspective. His appointment was welcome

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