The Brazil Securities Commission (CVM) issued a market alert and ordered Infinite Trade LLC and its partners to immediately suspend any public offering of securities intermediation services after finding indications they were soliciting clients resident in Brazil to conduct securities transactions. The CVM’s Superintendence of Market and Intermediaries Relations identified Infinite Trade LLC and partners including APN Pay Ltda. and its shareholder Anderson Permanhani do Nascimento as using the pocketoption.com website to attract Brazilian clients. CVM stated that neither Infinite Trade LLC nor its partners are authorised to intermediate securities or to raise funds from investors for investment in securities, and imposed the suspension through Declaratory Act CVM 23,561.
Brazil Securities Commission (CVM) 2025-07-03
Brazil Securities Commission orders Infinite Trade LLC and partners to immediately halt public offers of securities intermediation services
The Brazil Securities Commission (CVM) has ordered Infinite Trade LLC and its partners to halt public offerings of securities intermediation services, citing unauthorized solicitation of Brazilian clients. The CVM identified the use of the pocketoption.com website by Infinite Trade LLC, APN Pay Ltda., and Anderson Permanhani do Nascimento to attract clients. The suspension was enforced through Declaratory Act CVM 23,561.