Zero Markets Brasil Consultoria e Análise de Valores Mobiliários Ltda., spoke out after the Securities and Exchange Commission (CVM) warned about the platform's irregular activities.
Five other related companies were also notified for not having authorization from the agency. None of them can carry out securities transactions or raise funds from investors for investment in securities.
Zero Markets Brasil says it is in contact with the Authority
Zero Markets reinforces its position as a consolidated global broker, being licensed and regulated by the Australian Securities & Investments Commission (ASIC) of Australia and the Financial Markets Authority (FMA) of New Zealand, among others, operating in the derivatives, stocks, indexes, commodities and cryptocurrencies markets since 2017, always in an ethical and responsible manner, with thousands of clients around the world.
Through its legal representatives, Zero Markets told BeInCrypto that it is in contact with the CVM to promote the necessary regulatory adjustments. And it stated that it has already taken the relevant corrective measures.
Zero Markets assured that the adaptation process will not affect its customers. If Zero Markets Brasil and the other companies mentioned do not comply with the CVM's decision, daily fines could reach R$1,000.
The article Zero Markets Brasil speaks out and says customers will not be affected after CVM warning was first seen on BeInCrypto Brasil.