Resolution CMN No. 5008 — Provisions on the Constitution, Organization, and Operation of Securities Brokerage and Distribution Companies

Resolution CMN No. 5008 establishes the general norms regarding capital, organization, discipline, supervision, and activities of securities brokerage and distribution companies. It defines their corporate objects, mandates authorization from the Central Bank of Brazil, and sets operational rules for margin accounts, securities lending, and client fund registration. The resolution also repeals ten previous resolutions and regulations to consolidate the regulatory framework for these entities.

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RESOLUTION CMN NO. 5,008, OF MARCH 24, 2022

Provides for the constitution, organization, and operation of securities brokerage companies and securities distribution companies.

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes it known that the National Monetary Council, in a session held on March 24, 2022, based on Article 4, item VIII, of the aforementioned Law and on Articles 8 and 9 of Law No. 4,728, of July 14, 1965,

RESOLVES:

CHAPTER I
ON THE OBJECTIVE AND SCOPE OF APPLICATION

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Lineage: Amended

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Timeline

Amended 1 time · last 2025-11-03

2025-11-03BCBJoint Resolution No. 14 — Methodology for Calculating Minimum Paid-in Share Capital and Net Equity Limits for Financial Institutionsamends

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works