Aggregated News From Investment Management Regulators

CVM Alert: irregular performance in the market


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This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here.

LBM Assessoria e Participações LTDA and partners are not authorized by the CVM to operate in the capital markets

The Securities and Exchange Commission (CVM) Superintendence of Market and Intermediary Relations (SMI) alerts the securities market and the general public about signs of irregular performance of LBM Assessoria e Participações LTDA and its partners Leonardo Braun Aguiar Fernandes and Eduardo Teixeira Fernandes.

The technical area detected indications that the company and the partners irregularly attract customers to carry out transactions in the securities market through various means, including the page

With that, SMI issued the Declaratory Act 18,271 to inform you that involved do not have authorization from the CVM to act as securities intermediaries, as they are not part of the distribution system (art. 15 of Law 6,385 / 76).

CVM determination

CVM determined the immediate suspension of intermediation of securities transactions by those involved, directly or indirectly, including through the use of pages on the Internet, including the aforementioned website.

Measure in case of non-compliance

If they do not adopt the determination of the Autarchy, those involved will be subject to daily fine in the amount of R $ 1,000.00.

Attention, investor!

If you are an investor or receive an investment proposal from these companies, contact the CVM through the Citizen Service (SAC). Inform as much details as possible about the offer and the identification of the people involved. With this, the Municipality will be able to act more quickly and directly in the case.

What is the CVM Stop Order?

The issuance of a Stop Order (suspension) is a precautionary measure. The objective is to prevent or correct abnormal market situations detected by the Municipality. Therefore, it should not be confused with the penalty of the indicated people.

In the case of infractions, the penalty requires the conclusion of an administrative sanctioning process with a condemnatory decision.

More information

Access the CVM Declaratory Act 18,271 (link to external website).

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Regulator Information

Abbreviation: CVM
Jurisdiction: Brazil

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