TRANSPARENCY OF the INFORMATION AND the CVM* regulating agency and the free competition Kezia Letcia Da Silva Velso ** Leonardo Victor Passion Mosque ** SUMMARY: Introduction; 1. The Theory of the Company; 2. Concept of entrepreneur; 3. Public company; 4. Principle of the protection of the transparency of information and the public interest; 5. Fiscalizadores agencies; Conclusion; Bibliographical references; SUMMARY The following work aims at to analyze norms that conduct the functioning of companies, its freedoms, obligations and prohibitions, the effect that its action causes to the society in what it says respect to the public interest, as well as, to analyze and to specify agencies that are responsible for what it is related to the half furniture, fitting to this agency or agencies, to punish any torts of the companies, for the society and of the free competition. It is wanted, therefore to argue until point a company can or not to divulge its information to the public in its proper benefit, relating such act in what it says respect to the norms imposed for the CVM in order to prevent that some are benefited in detriments of excessively. WORDS KEY Movable Value.

Obligatoriness. Transparency. It exempts competition. Public interest. Introduction First we will make one brief description of what she would be the company, its historical origin, after that we will describe the obligations of the entrepreneur before the society, sharing of the decisions of the responsible agencies for the control of the companies, that is, agencies that regulate the functioning of these, approaching mainly on the transparency of information as well as everything what he is envolto to the enterprise way, so that thus can be arrived at a conclusion on the obligatoriness or of transparency of the information in the public company and still not to describe the process of capitalizaton of the same ones.