The Brazil Securities Commission (CVM) issued a market alert and ordered the immediate suspension of securities portfolio management services that Gênesis Capital (Gênesis Tech) is suspected of offering without CVM authorisation. According to the Institutional Investors Relations Superintendence (SIN), indications were identified that the company has been offering securities portfolio administration services via the website www.genesiscapital.tech and the Instagram account @genesiscapitalbr. The CVM also highlighted that Gênesis Tech shares a name with Genesis Capital Gestora de Recursos Ltda. (Genesis Capital) and adopted the suspension through CVM Deliberation 900.
Brazil Securities Commission (CVM) 2025-07-09
Brazil Securities Commission orders Genesis Tech to immediately stop offering securities portfolio management services without authorisation
The Brazil Securities Commission (CVM) issued a market alert and ordered the immediate suspension of securities portfolio management services by Gênesis Capital (Gênesis Tech) due to lack of CVM authorization. The Institutional Investors Relations Superintendence identified that the services were offered via the company's website and Instagram account. The suspension was enacted through CVM Deliberation 900.