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Em 13 de julho de 2017, foi divulgada a Instrução da Comissão de Valores Mobiliários ("CVM") nº 588 ("IN CVM 588" ou "Instrução 588"), que dispõe sobre ofertas públicas de distribuição de valores mobiliários de emissão de sociedades empresárias de pequeno porte realizadas com dispensa de registro na CVM ("Oferta de Crowdfunding" ou "Oferta"), por meio de plataformas eletrônicas de investimento participativo ("Plataformas"); e (ii) a obrigatoriedade dessas Plataformas serem registradas perante a CVM, na qualidade de pessoas jurídicas competentes por intermediar tais ofertas públicas.

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Founded in 2001, Tauil & Chequer Advogados is a full service law firm with approximately 90 lawyers and offices in Rio de Janeiro, São Paulo and Vitória. T&C represents local and international businesses on their domestic and cross-border activities and offers clients the full range of legal services including: corporate and M&A; debt and equity capital markets; banking and finance; employment and benefits; environmental; intellectual property; litigation and dispute resolution; restructuring, bankruptcy and insolvency; tax; and real estate. The firm has a particularly strong and longstanding presence in the energy, oil and gas and infrastructure industries as well as with pension and investment funds. In December 2009, T&C entered into an agreement to operate in association with Mayer Brown LLP and become "Tauil & Chequer Advogados in association with Mayer Brown LLP."

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