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CVM bans trader courses and investment company from attracting new customers

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The “Stop Orders” series of CVM (Brazilian Securities and Exchange Commission) continues in 2020. This time the municipality identified an irregular performance by Harrison Investimentos and determined the suspension of client acquisition by the company.

According to a publication available in the edition of this Thursday (21) in the Official Gazette, the CVM pointed out that the company and its responsible, Gabriel Harrison Dias da Rocha, are not authorized by the municipality to offer securities intermediation services.

In addition to determining the Stop Order, the CVM also established a daily fine of R $ 1,000 in case of non-compliance.

The report contacted Harrison Investimentos and is awaiting a position on the punishment imposed by the CVM.

Gabriel Harrison Dias da Rocha will have to stop acting in the market

Precatorios and traders

Harrison Investimentos, according to its website, is headquartered in Brasília and has two main operations: the offer of investments in federal precatories and a distance course for training traders.

According to a paid text published on the Metrópoles portal in December 2018, Harrison announced the launch of the distance course for traders. The initial attraction is to earn around R $ 3 thousand a month with a workday of only 4 hours a day, from Monday to Friday, only with trading on the Stock Exchange.

The company also claims on its website to run social projects in areas such as sports, the environment and financial education.

Its founder, Gabriel Harrison Dias da Rocha, is described as a successful investor and trader, of humble origin, who managed to win in life through his work. As a kite salesman at 10, he claims to have won his first million reais at 25.

Other stop orders in 2020

With the punishment of Harrison Investimentos, the CVM has already registered at least nine orders to suspend investment offers that are not authorized by the local authority. Seven of them apply to companies that operate in the Forex (Foreign Exchange) segment.

The first company punished by the CVM in this regard was the IQ Option, which was banned on April 23. Then came bans against Start Invest, Tradear, Ava Trade, CIB FX, Pepperstone Group and Paladin FX.

Forex, in itself, is not an illegal activity as long as the company has authorization from the CVM. The municipality even explained this through a publication of the Alerts Series in 2018. In the same booklet, available on its website, the agency mentioned the risks of this type of investment.

Both Forex and derivatives in general, according to Law 6,385 / 76, can only be traded by companies authorized by the CVM. Although the Law does not expressly state that Forex is a type of security, it states that the issuance and distribution of “other derivative contracts, regardless of the underlying assets” must be supervised by the CVM.

In addition to the forex companies, the CVM also issued a warning about the irregular performance of the company Petra Gold Investimentos, which is prohibited from making a public offer of a Collective Investment Contract.


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This source of this article is portaldobitcoin.com.

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