 Brazilian securities regulator CVM is working on several measures to help reduce investment funds regulatory costs as they face growing pressure to cut administrative fees as the countrys interest rates hit record lows. The move comes as investors hungry for stronger returns increasingly shift funds to multimarkets and equities vehicles from fixed income ones. Among other actions, CVM is likely to announce a platform allowing funds to automatically update basic information, replacing a manual system which is considered one of the sectors main regulatory costs. 