Brazilian regulator loses head to election
Brazilian financial regulatory authority SUSEP has lost its chief to the country's upcoming general election, as Armando Vergilio dos Santos stepped down to stand for Congress.
Administrative director Paulo dos Santos has become acting chief of SUSEP, with more potential changes on the cards following the general election in October 2010.
Economist Paulo dos Santos was a career official with the Central Bank and had already been designated as substitute if there was a change at the top of SUSEP,...
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